Noya Analysis: $11M Raised
What is Noya?
Noya develops an all-electric, water-positive direct air capture system to produce clean water while removing CO2 from the atmosphere.
Employees
12
Founded
2020
Revenue
<$5M
Product Features & Capabilities
- Energy-efficient direct air capture system, modular design, cost-effective, water-positive, innovative capture chemistry.
How much Noya raised
Series A - $11 million
April 11, 2023Lead Investor: Union Square Ventures, Collaborative Fund
Who are the founders of Noya
JS
Josh Santos
Co-founder/Chief Carbon Removal Officer
DC
Daniel Cavero
Co-founder
Market Focus
Noya primarily focuses on the environmental technology industry, specifically in the areas of carbon capture and water generation through its direct air capture systems.
Business Model
Carbon removal credits and modular direct air capture systems generate revenue.
Competitors Overview
Noya operates in the direct air capture (DAC) market, focusing on an all-electric, water-positive system that captures CO2 while generating clean water. Its main competitors include:
- Climeworks: A leading company in the DAC space, Climeworks specializes in capturing CO2 from the air and has
Investors
- Union Square Ventures
- Other unnamed investors in the $11 million Series A funding round
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