What is Noya?
Noya operates at the intersection of environmental engineering and scalable climate solutions. The company specializes in the development and deployment of Direct Air Capture technology, a critical component in the global effort to mitigate climate change by extracting carbon dioxide directly from the atmosphere. Unlike traditional carbon offset models, Noya focuses on tangible, measurable removal projects that integrate into existing industrial frameworks. Headquartered in San Francisco, the firm leverages its strategic location to tap into a robust ecosystem of engineering talent and climate-focused capital, enabling it to refine its capture modules for maximum efficiency and cost-effectiveness in a competitive decarbonization landscape.
How much funding has Noya raised?
Noya has raised a total of $11M across 1 funding round:
Series A
$11M
Series A (2023): $11M with participation from Union Square Ventures and Lowercarbon Capital
Key Investors in Noya
Union Square Ventures
A New York City-based venture capital firm that invests in transformative markets influenced by technological and societal changes, focusing on innovative companies poised for significant growth.
Lowercarbon Capital
A specialized investment firm that backs companies focused on slashing CO2 emissions and developing technologies to remove carbon from the atmosphere.
What's next for Noya?
With the recent influx of capital, Noya is poised to transition from pilot-phase validation to full-scale commercial deployment. The strategic roadmap likely involves expanding its operational footprint, optimizing its DAC hardware for lower energy consumption, and establishing partnerships with heavy-emitting industries seeking to achieve net-zero targets. As the regulatory environment for carbon credits matures, Noya is well-positioned to capitalize on the increasing demand for high-quality, verifiable carbon removal services. The company's ability to scale its technology will be the primary determinant of its long-term market dominance in the climate-tech sector, as it seeks to bridge the gap between experimental carbon capture and industrial-grade atmospheric remediation.
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