Aerleum secures 6 million US dollars in seed round

Aerleum secures 6 million US dollars in seed round to scale its CO₂ conversion technology
Paris / Bonn, October 14, 2024 - Climate tech start-up Aerleum has successfully secured $6 million in a seed funding round to industrialize its breakthrough carbon capture and conversion technology. The round was led by 360 Capital and HTGF, with participation from Norrsken, Bpifrance and Marble. Aerleum's technology converts atmospheric CO₂ and low-carbon hydrogen into synthetic fuels (e-fuels) and chemicals that can be used in hard-to-decarbonize sectors such as shipping, aviation and the chemical industry.
Our mission was clear from the start: to make e-fuels as affordable and accessible as fossil fuels
Sébastien Fiedorow, co-founder and CEO of Aerleum
The fresh capital will be used to put the first fully-fledged pilot plant into operation and to drive forward the global scaling of the technology.
Aerleum will initially focus on e-methanol, a sustainable alternative to fossil fuels, especially in the shipping and aviation industries. The startup aims to reduce the production costs of e-fuels to the level of fossil fuels and thus enable cost-effective decarbonization. The combination of proprietary technologies that eliminate energy-intensive processes and a market-oriented scaling strategy should put Aerleum in a leading position.
We want to create a circular carbon economy where CO₂ becomes a resource
Steven Bardey, co-founder and CTO of Aerleum
With the support of renowned investors and funding programs such as Accelair from Air Liquide and ZEBOX from CMA CGM, Aerleum is ideally positioned to establish its technology worldwide.
Founded in 2023 as a spin-off from venture studio Marble, Aerleum is a pioneering climate technology company at the forefront of carbon capture and utilization. Aerleum's breakthrough technology captures CO₂ from the atmosphere and converts it into synthetic fuels and chemicals. This provides a scalable and cost-effective solution for industries looking to introduce alternatives to fossil fuel products. Aerleum's mission is to accelerate the global transition to a carbon-neutral economy by giving industry the tools to decarbonize without compromising on performance or cost efficiency.

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