Aerleum, a pioneering local weather tech firm specializing in CO₂ seize and utilization, introduced the profitable shut of its €5.5 million seed spherical, led by 360 Capital and HTGF, with participation from Norrsken, Bpifrance, and Marble. The funding will speed up the industrialization of Aerleum’s breakthrough expertise, which transforms atmospheric CO₂ and low-carbon hydrogen into artificial fuels (e-fuels) and chemical substances, propelling hard-to-abate sectors towards a carbon-neutral future.
Aerleum’s game-changing answer captures and converts CO₂ in a single reactor, utilizing proprietary bifunctional supplies and precision heating. The corporate’s expertise eliminates a few of the most energy-intensive steps of the worth chain, enabling cost-competitive, large-scale manufacturing of e-fuels and chemical substances, whereas drastically reducing greenhouse gasoline emissions. Aerleum is setting the quickest timeline available in the market to attain value parity with fossil fuels, providing industries—similar to maritime, aviation, and chemical substances—a viable path to decarbonization with out compromising on price or scalability.
“Our mission has been clear for the reason that starting: to make e-fuels as inexpensive and accessible as fossil fuels,” mentioned Sébastien Fiedorow, co-founder & CEO of Aerleum. “With this seed spherical, we’re taking a significant step ahead in scaling our expertise to fulfill the pressing demand for decarbonization. We’re right here to reshape total industries, enabling them to attain net-zero emissions quicker and extra effectively.”
Aerleum not solely addresses the urgency of the local weather disaster but additionally solves the financial challenges sometimes related to clear power options. Not like standard pathways that stay expensive and restricted by location, Aerleum’s innovation is able to scale globally, optimizing co-location for low-carbon hydrogen sourcing and offering industries world wide with a viable different to fossil fuels.
Aerleum is initially specializing in e-methanol, a clear, energy-dense gasoline that’s quickly gaining momentum as a key different within the maritime and aviation sectors. E-methanol affords important advantages by lowering greenhouse gasoline emissions, reducing air pollution, and serving as a wonderful power provider because it stays liquid at ambient temperature—making it simple to move and retailer. With the worldwide e-methanol market projected to develop considerably because the maritime transport and aviation industries face growing stress to decarbonize, Aerleum is well-positioned to steer this transformation.
With the seed funding secured, Aerleum is poised to launch its first full-scale pilot unit. The corporate will work intently with key business gamers and clients to deploy its expertise in sectors the place emissions reductions are crucial. “Aerleum’s imaginative and prescient is to rework industries and create a round carbon financial system, the place the CO₂ current within the air turns into the useful resource,” commented Steven Bardey, co-founder & CTO of Aerleum.
Aerleum has already gained important recognition, successful prestigious awards together with the CMA CGM “Maritime Decarbonization” Award, the Technip Energies “Clear Maritime Problem”, the Prix Pépite, and extra lately the 2024 i-lab state innovation problem. The corporate has acquired robust funding assist from Bpifrance and the Région Grand Est, which has been instrumental in serving to Aerleum obtain its milestones.
Moreover, Aerleum is being accelerated by way of applications similar to Accelair by Air Liquide, ZEBOX by CMA CGM, and Semia, all of which give invaluable assist in scaling its progressive options.
“We have been seduced by Aerleum’s imaginative and prescient of a world the place petroleum would get replaced by the CO2 current within the air – a imaginative and prescient rooted in actuality as demonstrated by their first techniques, and their economically sound enterprise mannequin opening the way in which to giant scale purposes,” added Alexandre Mordacq and François Tison from 360 Capital.
“What really units Aerleum aside is the highly effective mixture of breakthrough expertise and an audacious imaginative and prescient to exchange environmentally dangerous chemical substances like methanol with a sustainable, carbon-neutral different. This imaginative and prescient aligns completely with HTGF’s dedication to fostering innovation that not solely drives enterprise progress but additionally contributes to a more healthy planet. In only one yr, the crew has demonstrated outstanding pace and execution, attaining important technical milestones that spotlight their capability to scale quickly. We’re excited to assist Aerleum on the subsequent stage of their journey,” commented Timo Bertsch from HTGF.
