Spiritus Secures $30M Series A To Scale DAC Technology

While artificial intelligence and heavy industries keep propelling America's economic growth, energy infrastructure demand is skyrocketing. But with this advancement comes an acute environmental concern—enormous carbon emissions. Tackling this head-on, climate-tech pioneer Spiritus has raised a $30 million Series A round to disrupt carbon removal via Direct Air Capture (DAC) technology. Aramco Ventures led the round, with additional investment from Khosla Ventures, Mitsubishi Heavy Industries America, and TDK Ventures.

Spiritus is driven to cut the cost of removing carbon by 90%, at only $100 a ton. The innovation is expected to scale and make DAC a viable affordable option for AI-driven data centers, construction and other traditionally challenging industries to decarbonize. Through this fundraising, the business is looking to scale up mass deployment of facilities to capture and remove carbon from the atmosphere with critical support toward addressing economic versus environmental balance.

Charles Cadieu, CEO and co-founder of Spiritus, highlighted the urgency of their cause. "We're experiencing skyrocketing demand for data centers and heavy industries, but we can't just turn a blind eye to the carbon that accompanies it," he said. "Our DAC technology makes large-scale decarbonization accessible. This funding brings our vision of fueling America's explosive growth while keeping emissions under control closer to reality."

AI and industrialization are among the biggest emitters of carbon, and if left unchecked, their share will continue to increase. Spiritus' Direct Air Capture solution offers a remedy that facilitates industrial growth without an environmental compromise. Capturing CO₂ directly from the air, the company's strategy tracks economic growth alongside sustainability targets. "Our technology makes sure large-scale growth is not matched with large-scale emissions, maintaining both economic possibility and environmental stewardship," continued Cadieu.

Scaling Carbon Removal with Three Large Facilities

With new capital in place, Spiritus is ramping up the deployment of three showcase carbon capture facilities that will show the strength and efficiency of its DAC technology.

The initial, pilot plant in New Mexico is scheduled to start operating within a matter of months. It will be capturing 1,000 tons of CO₂ per year, illustrating just how rapidly DAC can be made to fit into regional economies. It will act as a pilot project for more significant schemes, both proving the technical and commercial potential.

The second and most ambitious effort, Orchard One in Wyoming, will capture 2 megatons (2 million tons) per year. This will be among the largest single-location DAC facilities in the United States, a major achievement for the country's decarbonization process.

Internationally, Spiritus has teamed up with Aramco to take its DAC technology global, beginning with rollout in Saudi Arabia. This partnership highlights the potential of DAC as a global solution, closing the gap on carbon emissions on a much broader level.

Industry Leaders Support Spiritus' Vision

Investors and industry leaders believe Spiritus represents a pivotal innovation in carbon removal. Bruce Niven, Executive Managing Director at Aramco Ventures, highlighted the importance of reducing DAC costs to make it a viable climate solution. “Direct Air Capture has the potential to play an important role in decarbonizing hard-to-abate sectors of the economy, but until now, it has been too expensive to be meaningful. Breakthrough approaches like Spiritus are needed,” he stated.

David Delfassy, TDK Ventures' Investment Director, seconded this, describing it as a turning point for industrial decarbonization. "We are at a turning point in the path to decarbonize our economies. Spiritus is a rare combination of advanced material science and cost-effective, scalable carbon removal, and it is a critical enabler of the industrial future of the world."

While carbon emissions still threaten human existence, Spiritus' effort is a crucial leap toward harmonizing economic growth and climate accountability. By making DAC affordable and replicable, the firm is set to become an industry leader in sustainable industrial expansion.

The Future of Carbon Capture

Spiritus' initiative is at a time when the world economy is facing the challenge of how to balance the pace of industrial growth with sustainability. The growth of AI, construction, and energy industries is happening at a record level, and carbon emissions are rising sharply. Unless mitigation measures are in place, this growth would increase climate change sharply.

The potential to scale carbon capture and storage could reshape industries, enabling them to grow while minimizing their footprint. Should Spiritus become successful in driving DAC costs to $100 a ton, it would establish a new standard for carbon removal that will make it an essential aspect of the planet's push to reach net-zero emissions.

Bottom Line

Spiritus' $30 million financing milestone represents a major milestone in the development of Direct Air Capture technology. With the opening of its three significant facilities—one of America's largest DAC plants—the company is set to redefine carbon removal economics. Supported by leading investors and industry champions, Spiritus is making sure America's AI and energy infrastructure leadership does not happen at the cost of climate stewardship.