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In a bold stride toward a carbon-free future, Spiritus, a rising force in climate tech, has announced a $30 million Series A funding round—a significant financial boost led by Aramco Ventures and supported by Khosla Ventures, Mitsubishi Heavy Industries America and TDK Ventures. This infusion of capital marks a turning point in Spiritus' mission: eliminating carbon emissions across energy and construction while fueling America’s economic expansion.
Artificial intelligence is reshaping industries, but at a cost—data centers are on track to become one of the world’s largest electricity consumers, pushing global power demand to new heights. Simultaneously, the construction sector, vital for infrastructure and development, remains one of the most significant contributors to carbon emissions. The dilemma is evident: how can America sustain the rapid growth of AI and energy infrastructure while drastically cutting carbon output?
Spiritus presents a groundbreaking solution—scalable, cost-effective Direct Air Capture (DAC) technology capable of removing vast amounts of CO₂ from the atmosphere. The company’s approach cements the U.S. as a leader in clean energy and enables industrial expansion without environmental trade-offs.
“We’re seeing soaring demand for data centers and heavy industries, yet we can’t ignore the carbon that comes with it,” said Charles Cadieu, CEO and co-founder of Spiritus. “Our DAC technology brings large-scale decarbonization within reach. This funding advances our vision of supporting America’s explosive growth while keeping emissions in check.”
With fresh funding, Spiritus is accelerating the development of three major carbon removal facilities, setting a new benchmark for large-scale decarbonization. The company is also challenging the high cost of DAC, aiming for a dramatic 90% cost reduction—bringing it down to $100 per ton. If successful, this shift could make large-scale carbon dioxide removal (CDR) a practical, game-changing tool in the fight against climate change.
“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,” said Bruce Niven, Executive Managing Director of Strategic Venturing at Aramco Ventures.
“Breakthrough approaches like Spiritus are needed. We are excited to partner with Spiritus and bring this important technology to market.”
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