Markets

Octavia Carbon Secures Funding to Boost Carbon Capture Technology

Octavia Carbon, a trailblazing firm in climate change solutions, has recently obtained substantial funding to enhance its Direct Air Capture (DAC) technology.

The core of this innovation is the removal of carbon dioxide (CO2) directly from the atmosphere, a crucial strategy in the fight against climate change.

“Octavia Carbon, at the cutting edge of technological progress, provides a platform that enables individuals and businesses to purchase carbon credits. This service not only assists in minimizing carbon footprints but also advocates for climate justice within Kenyan communities,” said Martin Freimüller, the founder and CEO of Octavia Carbon.

Octavia Carbon guarantees cost-efficient operations by harnessing Kenya’s plentiful geothermal resources and talented workforce,  aligning with its dedication to sustainable practices.

Esther Mwikali, the Investment Manager at Renew Capital, voiced her excitement in backing Octavia Carbon’s initiatives.

Renew Capital, which concentrates on impactful investments across Africa, acknowledges Octavia Carbon’s crucial role in tackling global climate issues.

This investment underscores the importance of innovative climate solutions and highlights Africa’s vital role in crafting a sustainable future.

With strategic funding and a dedication to innovative solutions, Octavia Carbon continues its mission to combat climate change, setting a noteworthy standard in the field of sustainable business practices.

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Collins Ogutu

Nairobi based Digital Journalist, Corporate Communication Expert and Digital Marketer with a wealth of experience in multimedia. Accredited member of the Media Council of Kenya.

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