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Develops post-combustion point-source carbon capture technology using a proprietary liquid amine solvent (ICE-31) that captures over 95-99% of CO2 emissions from power generation and hard-to-abate industrial sources

Carbon Capture/DAC
Funding
~$70.8M total incl. DOE awards (Tracxn); $45M Series A led by Chevron New Energies (Apr 2024); raising next round in 2026
Stage
Growth (Series A)
HQ
Boulder, CO
Founded
2008

The Current Angle

Founded 2008, one of the longer-running carbon capture companies in the sector; selected for DOE's major demonstration program as part of Calpine's Sutter Decarbonization Project targeting 1.75 million metric tons captured annually; completed successful testing at Technology Centre Mongstad in Norway; opened new Boulder HQ in 2024 alongside the Chevron investment

Leadership

  • BB
    Buz BrownFounder & Executive Chairman
  • TV
  • AS
    Andy SteadBoard Member
  • JD
    Josh DienstagBoard Member
  • MV
    Matt ViningBoard Member

HQ location

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Last updated September 2026Sources: [1][2][3]