Greenlyte Carbon Technologies

𝟮𝟬𝟮𝟱 – 𝗔 𝗡𝗲𝘄 𝗖𝗵𝗮𝗽𝘁𝗲𝗿 𝗳𝗼𝗿 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗔𝗰𝘁𝗶𝗼𝗻 🚀 As the calendar turns to 2025, we’re reminded of the urgency to act on the biggest challenge of our time: climate change. With political landscapes uncertain - also in Germany, where upcoming elections may reshape priorities - waiting for decisions is not an option. At Greenlyte Carbon Technologies, we believe progress can’t be delayed. That’s why we’re taking action now, developing scalable solutions to drive climate goals forward without hesitation. The past year has shown us the power of collaboration and innovation. In 2025, we aim to take even bolder steps to scale our impact and make green molecules accessible and affordable. With exciting projects planned, stay tuned for what’s to come – there might be great news just around the corner. 😉 We wish all of you a happy new year! 💚 Let’s keep driving positive change together. Here’s to a year of progress, innovation, and commitment to our planet. 🌍 Dr. Niklas Friederichsen 🌱🌎 Florian Hildebrand

What a year. 2024 was big! As the year ends, we reflect on the last 12 months and see how far we have come and what happened this year. Here are some big milestones for us: ➡️We have raised over €25 Million in funding from investors and grants, which is a testament to our work and mission, but also gives us the strength and motivation to rapidly work to scale our DAC tech in the best way possible. ➡️We are collaborating on various prototype projects with partners like Zentrum für BrennstoffzellenTechnik (ZBT) and Brusche Process Technology! In total, we are participating in four research consortia with scientists and universities to accelerate the maturation and optimization of our technology. ➡️Our team grew to 55 people, which is crazy - in January we only counted approx. half the size of today. Without our team, this journey wouldn’t be possible and we are incredibly grateful to have you all on board! ➡️We are also incredibly proud to have been listed on the Impact/100 list of the Norrsken Foundation. It is a great honor to get this global recognition - and seeing us on Times Square was “quite” fun too 😉 ➡️Greenlyte is also now recognized as a Top Innovator by UpLink - World Economic Forum and we are a Falling Walls Foundation Winner 2024. Thank you for these recognitions, we are truly grateful!! We are incredibly proud to reflect on our achievements, but we certainly won’t rest on our laurels. There’s still a long journey ahead, and we are fully prepared to tackle the next steps and overcome any hurdles that may come our way. A big thank you to our team and everyone who joined us along the way, it has been a great and successful year - let’s go 2025! 💚 Dr. Niklas Friederichsen 🌱🌎 Florian Hildebrand

𝗧𝗶𝗺𝗲 𝗳𝗹𝗶𝗲𝘀 𝘄𝗵𝗲𝗻 𝘆𝗼𝘂’𝗿𝗲 𝗺𝗼𝘃𝗶𝗻𝗴 𝗳𝗮𝘀𝘁 – 𝗲𝘀𝗽𝗲𝗰𝗶𝗮𝗹𝗹𝘆 𝘄𝗶𝘁𝗵 𝗮 𝘁𝗲𝗮𝗺 𝗮𝘀 𝗱𝗲𝗱𝗶𝗰𝗮𝘁𝗲𝗱 𝗮𝗻𝗱 𝗱𝗿𝗶𝘃𝗲𝗻 𝗮𝘀 𝗼𝘂𝗿𝘀 𝗮𝘁 𝗚𝗿𝗲𝗲𝗻𝗹𝘆𝘁𝗲. 💚 Last week, we came together to celebrate our achievements, reflect on the challenges we tackled, and set our sights on the next milestones for the year ahead. A first highlight was watching Legion 44's first film on Carbon Dioxide Removal. Our co-founder 🌱🌎 Florian Hildebrand had the chance to attend its premiere in Nürnberg two weeks ago, and it was inspiring to see the variety of initiatives out there, with some familiar faces working alongside us. We’re proud to work toward the shared goal of building systems to remove CO₂ from the atmosphere – an essential measure to protecting our planet. Thanks to the great organization by our Executive Assistant Sabine Eißing, we then enjoyed a fantastic afternoon and evening exploring the old town of Hattingen, complete with a guided tour and a memorable dinner at the historic Blankenstein Castle. 🏰🥂 It was a great way to close the year, spend quality time together outside of the daily hustle and celebrate how far we have come. Thank you to everyone at Greenlyte for your hard work, dedication, and relentless drive. This journey wouldn’t be possible without you! Here’s to an even bigger year ahead. 💚 Dr. Niklas Friederichsen 🌱🌎 Florian Hildebrand

We’re thrilled to be part of the newest edition of the “𝗪𝗼𝗵𝗹𝘀𝘁𝗮𝗻𝗱 𝗳ü𝗿 𝗔𝗹𝗹𝗲” (𝗣𝗿𝗼𝘀𝗽𝗲𝗿𝗶𝘁𝘆 𝗳𝗼𝗿 𝗔𝗹𝗹) series by the Ludwig-Erhard-Stiftung e.V.. This year’s theme, “Zuversicht”, which can be translated to hope, optimism or trust, highlights how innovative companies like Greenlyte, science and exemplary individuals are shaping a sustainable and potentially flourishing future for Germany. ✨ The article highlights Greenlyte's long-term goals, our growth from Germany to a global scale, and our commitment to helping regional suppliers and networks grow with us. 𝗢𝘂𝗿 𝗺𝗶𝘀𝘀𝗶𝗼𝗻: Fueling circular carbon with green hydrocarbons. By tackling the most crucial challenge of our era, reducing carbon emissions in hard-to-abate sectors, Greenlyte captures CO2 from the atmosphere while simultaneously generating green hydrogen, which is then used in the production of green hydrocarbons and sustainable fuels - a breakthrough making climate protection both cost-effective and tangible. 𝗠𝗮𝗱𝗲 𝗶𝗻 𝗚𝗲𝗿𝗺𝗮𝗻𝘆: Founded in NRW, we are driving the transformation of the region from an industrial hub into a leader in green tech. Our technology unites climate action and economic growth on a global scale, while still fostering positive development for our roots back home. As a deep-tech startup, we are proud to be part of Germany’s innovation landscape, where industrial tradition meets cutting-edge climate tech - let’s keep going and work towards a green carbon future. A heartfelt thank you to the Ludwig-Erhard-Stiftung e.V. for including us in this year's edition! 💚 If you would like to get more insights, read the full article and check out the entire edition, you can find the link in the comments below. ⏬ Dr. Niklas Friederichsen 🌱🌎 Florian Hildebrand 

𝗙𝗿𝗼𝗺 𝗮𝗰𝗮𝗱𝗲𝗺𝗶𝗮 𝘁𝗼 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻: 𝗙𝗿𝗶𝗲𝗱𝗲𝗿𝗶𝗸𝗲'𝘀 𝗽𝗮𝘁𝗵 𝘁𝗼 𝗟𝗲𝗮𝗱 𝗖𝗵𝗲𝗺𝗶𝘀𝘁 𝗮𝘁 𝗚𝗿𝗲𝗲𝗻𝗹𝘆𝘁𝗲 🎙️ Transitioning from academia to leading innovation in climate tech is no small feat. Our lead chemist Dr. Friederike Reißig shared her inspiring journey on the podcast GENZinSTEM, where she reflected on her experiences at Greenlyte ranging from her work contributing to tackling the global climate crisis to navigating the challenges and opportunities of team leadership. Here are the main takeaways from the podcast: ⬇️ 𝗙𝗿𝗼𝗺 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝘁𝗼 𝗿𝗲𝗮𝗹-𝘄𝗼𝗿𝗹𝗱 𝗶𝗺𝗽𝗮𝗰𝘁 Friederike’s work at Greenlyte centers on developing the chemical components of our Direct Air Capture tech and helping turn it into an industrially applicable solution. Tackling challenges like improving efficiency and ensuring real-world functionality is vital for advancing climate goals. In Greenlyte’s fast-paced environment, lab discoveries from today will be part of a prototype next week, making progress both tangible and impactful, one of her favourite things of working at Greenlyte ➡️ But: Only through academia-industry collaboration can we tackle climate goals, as each sector's unique strengths combine to create a powerful positive impact.      𝗘𝗺𝗯𝗿𝗮𝗰𝗶𝗻𝗴 𝘃𝗮𝗿𝗶𝗲𝘁𝘆 𝗮𝗻𝗱 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 For Friederike, the best part of her role is its variety - switching between lab work and strategic meetings keeps every day dynamic. Transitioning from academia to leading a team brought challenges, especially balancing technical priorities with fostering open communication.  ➡️ One of her key takeaways: Know which details to focus on now and which can wait. This nuanced approach helps her team thrive while addressing challenges as they arise.   𝗙𝗿𝗶𝗲𝗱𝗲𝗿𝗶𝗸𝗲’𝘀 𝗮𝗱𝘃𝗶𝗰𝗲 𝘁𝗼 𝘆𝗼𝘂𝗻𝗴 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹𝘀:  Startups are ideal for rapid growth, offering more responsibility and a faster path to seeing your impact. She also stressed the power of networking, encouraging aspiring scientists to reach out proactively - even with unsolicited applications - to uncover unexpected opportunities. Go ahead and listen to the full episode to learn all the details of what working at Greenlyte looks like and how the path out of university into the startup industry can look like. 💚 The link is in the comments. Dr. Niklas Friederichsen 🌱🌎 Florian Hildebrand 

We’re thrilled to share that we’ve been selected as a Top Innovator for UpLink - World Economic Forum’s Carbon Capture and Utilization Challenge! 🚀 The challenge was organized in collaboration with Saudi Arabia’s Ministry of Energy and Ministry of Economy and Planning. Prince Abdulaziz bin Salman Al Saud, Minister of Energy, and Faisal Alibrahim, Minister of Economy and Planning, announced the results during the opening ceremony of the Saudi Green Initiative Forum 2024, which coincided with #COP16 in Riyadh. The competition was all about finding the most impactful solutions for industrial carbon capture and subsequent utilization routes.    Being recognized as an UpLink Top Innovator out of over 300 applicants underscores our dedication to advancing our direct air capture technology and green hydrocarbon production, providing scalable and efficient solutions for hard-to-abate sectors. At Greenlyte, we are committed to driving impactful climate innovation to accelerate industrial decarbonization and shape a sustainable low-carbon future. 🌱 A big thank you to UpLink - World Economic Forum for this incredible opportunity to showcase our technology on the world stage. 🌍 We’re eager to join your collaborative network, leveraging expertise to drive meaningful systemic change. Thank you to all partners involved: Ministry of Economy and Planning - MEPsaudi Ministry of Energy | وزارة الطاقة King Abdulaziz City for Science and Technology (KACST) aramco AEON Collective SABIC Global CO2 Initiative Stanford Doerr School of Sustainability Dr. Niklas Friederichsen 🌱🌎 Florian Hildebrand

It’s #StartupSpotlight time! In this weekly series, we shine a light on one of our portfolio companies, offering you a detailed yet digestible look into their innovative work. It may be a longer post than usual, but you’ll gain insight into a fast-growing company innovating in their industry. Interested? Let’s get started! Next up is Greenlyte Carbon Technologies, a European startup revolutionizing Direct Air Capture (DAC) technology. ♻️ Founded in 2022 by two serial entrepreneurs - Florian Hildebrand and Dr. Niklas Friederichsen - and a DAC researcher with 15 years of experience - Dr. Peter Behr, Greenlyte is on a mission to combat climate change. Born in the Ruhr region of Germany, a historical hub of industrialization where coal and steel once defined progress, Greenlyte is rewriting this narrative, replacing coal's smog with clean skies and sustainable energy. 🏭 🌡️ Did you know the summer of 2024 was the hottest on record globally? Atmospheric CO₂ levels hit a staggering 426.91 parts per million (ppm) in June 2024. Experts say we need to remove 10GT of CO₂ annually to keep global warming below 1.5-2 degrees Celsius. This is where Greenlyte steps in. Their advanced technology captures atmospheric CO₂ and simultaneously produces green hydrogen - both convertible into green energy sources, e-fuels, and storage solutions. The process is energy-efficient, fully cyclic, and protected by multiple patents. 🛡️ 🚀 Full steam ahead! Greenlyte raised a €10.5M funding round in March of this year, which helped them grow their team from 30 to over 50 members. This expansion allows for simultaneous tech development and deployment. Plus, their fast-tracked go-to-market strategy boosts scaling and cuts costs. They also won public funding from the European Union and NRW’s EFRE/JTF Grüne Gründungen Innovation competition. This support will enhance their absorption and desorption units for long-term, real-world use. This brings their overall funding to over €25M since their inception. 💸 📈 What’s on their roadmap? In their first year, they completed building the first continuous cycle prototype and the 100-tonne DAC demonstrator. By 2027, they aim to build a robust, efficient, and profitable operation at a meaningful scale. Fast forward to 2035, and they plan to achieve ‘platformization’, making these operations a reality on a grand scale. And by 2050, Greenlyte aims to scale yearly production to over 100MT and become a global DAC leader. Recently, Greenlyte was ranked on the prestigious Norrsken 2024 Impact/100 list, revealed in Times Square, NYC. This list, curated by Norrsken and leading partners, highlights 100 impactful startups working to address global challenges. 🏆 💚 And the best part? Greenlyte is currently hiring! Check out their page to explore open positions, keep up to date with their latest achievements, and join their mission to create a sustainable future! 🌍

Last week, Greenlyte was honored to join the European Hydrogen Week in Brussels💧 A special highlight for us was the presentation and panel discussion by our Business Development Lead, Vincent Daub, during the B2B Forum on the topic “E-fuels Market Uptake and Production Challenges”. Vincent shared Greenlyte's vision and technological edge in scaling green fuels to meet the critical needs of hard-to-abate transportation sectors. Key takeaways from Vincent’s talk: ✅ Green fuels are key to decarbonizing hard-to-abate segments. ✅ The emerging supply-demand gap in Sustainable Aviation Fuels (SAFs) presents a clear opportunity. ✅ Direct Air Capture (DAC) is the most elegant and future-proof solution for eFuel production, offering maximum emissions reduction and unmatched scalability. ✅ But: Current challenges remain - eFuels are still costly due to limited availability of cheap hydrogen and carbon feedstocks. ✅ Greenlyte’s breakthrough technology is tackling these challenges by co-producing CO₂ and hydrogen in a single process. Using off-the-shelf components and relying on renewable energy sources, we aim to significantly reduce the costs of green molecules and accelerate scaling.📈 Vincent's presentation drew significant interest, sparking many questions and engaging discussions afterwards. It was great to see so many people eager to learn more about Greenlyte's approach and solutions! Thank you to the H2UB for creating an impactful space for start-ups like Greenlyte to showcase groundbreaking innovation - thank you for having Greenlyte as part of your delegation!  🤝 Together with our partners, we’re committed to turning our DAC + green hydrogen tech into scalable, cost-effective solutions for global defossilization. 🌱 Dr. Niklas Friederichsen 🌱🌎 Florian Hildebrand

How can we directly capture CO2 from the atmosphere and turn it into an essential resource?    This question drives our mission at Greenlyte, and our Chief of Staff, Martin Schmickler, recently shared insights into our progress in a detailed interview with Kompetenznetzwerk Umweltwirtschaft.NRW: https://lnkd.in/e6aR3-tt. They explore the innovative work behind our Direct Air Capture (DAC) prototype co-funded by the European Union and the federal state of NRW by winning the EFRE “Grüne Gründungen” Innovation competition. Our project is designed to advance our tech to efficiently remove CO2 from the atmosphere and simultaneously produce green hydrogen. Key insights include: ✅ Powered by Renewables: Our DAC process steps can be decoupled and rely on the availability of renewable energy, maximizing efficiency while keeping costs low - a critical step toward making our tech scalable and highly efficient.  ✅ Co-production of green hydrogen: By simultaneously producing green hydrogen in the same DAC process, we are able to cut costs as we have the same input, but for a double output.  ✅ Versatile use cases: Our DAC tech enables various utilization routes from producing sustainable fuels to providing CO₂ for industrial processes and negative emissions solutions, which shows our adaptability across multiple sectors. At Greenlyte, we strongly believe our DAC technology is crucial to achieving net-zero emissions, offering a tangible path to meeting the Paris Climate Agreement targets. Our current focus lies on testing and refining our prototype to ensure it meets both economic and environmental benchmarks.  The next step is to use our valuable learnings from current projects to realize the next generation of Greenlyte DAC plants with new hights and capacities 📈 The full interview delves deeper into how our tech works and its potential to reshape sustainable fuel production- please find the link in the comments. We’re excited to be at the forefront of this innovation, contributing not only to green fuel markets but also to a greener, sustainably livable planet. Dr. Niklas Friederichsen 🌱🌎 Florian Hildebrand

We’re thrilled to announce that we’ve been selected as finalist for the Gründerszene Awards 2024 in the Climate Tech category! 👏 🌱 This year, the awards is all about "Impact" – spotlighting companies that have shown real results in making the world a better place, whether through societal contributions or by protecting the environment and climate. The Climate Tech category recognizes innovative solutions driving sustainability, and we’re honored to be included among other innovators and changemakers. Out of over 150 applicants, Greenlyte was able secure a spot in the finalist cohort - an achievement we’re truly honored by. This recognition underscores the remarkable potential of our DAC + H2 technology and strengthens our commitment to tackling climate change by delivering sustainable solutions. We’re looking forward to the final awards ceremony on December 3rd 2024 in Berlin – fingers crossed🤞 Thank you Gründerszene for recognizing our contributions and bis congrats to all finalists - see you in two weeks! Dr. Niklas Friederichsen 🌱🌎 Florian Hildebrand