{"id":41213,"date":"2025-03-10T13:05:36","date_gmt":"2025-03-10T10:05:36","guid":{"rendered":"https:\/\/entarabi.com\/?p=41213"},"modified":"2025-03-10T13:13:41","modified_gmt":"2025-03-10T10:13:41","slug":"spiritus-secures-30-million-in-series-a-funding-led-by-aramco-ventures","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/03\/spiritus-secures-30-million-in-series-a-funding-led-by-aramco-ventures\/","title":{"rendered":"Spiritus Secures $30 Million in Series A Funding Led by Aramco Ventures"},"content":{"rendered":"<ul data-start=\"110\" data-end=\"656\">\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"110\" data-end=\"293\"><strong>Spiritus<\/strong> raises $30 million in Series A funding led by <strong>Aramco Ventures<\/strong>, with participation from <strong>Khosla Ventures, Mitsubishi Heavy Industries America<\/strong>, and <strong>TDK Ventures<\/strong>.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"294\" data-end=\"496\">Development of three major carbon capture and removal facilities, including a pilot plant in New Mexico and Orchard One in Wyoming, which has an annual capacity of 2 million tons of CO\u2082 removal.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"497\" data-end=\"656\">The partnership with <strong>Aramco Ventures<\/strong> aims to expand the technology globally, including deployment in Saudi Arabia to support carbon neutrality efforts.<\/li>\n<\/ul>\n<h2 dir=\"ltr\" style=\"text-align: left;\" data-start=\"658\" data-end=\"739\"><span style=\"font-size: 14pt;\"><strong data-start=\"662\" data-end=\"737\">Spiritus Secures Series A Investment to Scale Carbon Capture Technology<\/strong><\/span><\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"740\" data-end=\"1042\"><strong data-start=\"740\" data-end=\"752\">Spiritus<\/strong>, a U.S.-based company specializing in <strong data-start=\"791\" data-end=\"830\">Direct Air Capture (DAC) technology<\/strong>, has successfully raised <strong data-start=\"856\" data-end=\"871\">$30 million<\/strong> in a <strong data-start=\"877\" data-end=\"903\">Series A funding round<\/strong> led by <strong data-start=\"911\" data-end=\"930\">Aramco Ventures<\/strong>, with additional investments from <strong data-start=\"965\" data-end=\"1039\">Khosla Ventures, Mitsubishi Heavy Industries America, and TDK Ventures<\/strong>.<\/p>\n<h2 dir=\"ltr\" style=\"text-align: left;\" data-start=\"1044\" data-end=\"1104\"><span style=\"font-size: 14pt;\"><strong data-start=\"1048\" data-end=\"1102\">Spiritus&#8217; Plans to Expand Carbon Capture Solutions<\/strong><\/span><\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"1105\" data-end=\"1311\">Headquartered in <strong data-start=\"1122\" data-end=\"1148\">Los Alamos, New Mexico<\/strong>, <strong data-start=\"1150\" data-end=\"1162\">Spiritus<\/strong> is accelerating the development of <strong data-start=\"1198\" data-end=\"1222\">three key facilities<\/strong> aimed at proving the feasibility of large-scale carbon capture and removal, including:<\/p>\n<ul dir=\"ltr\" style=\"text-align: left;\" data-start=\"1313\" data-end=\"1594\">\n<li data-start=\"1313\" data-end=\"1447\"><strong data-start=\"1315\" data-end=\"1376\">A pilot plant in New Mexico with a capacity of 1,000 tons<\/strong>, demonstrating industrial-scale carbon removal in the coming months.<\/li>\n<li data-start=\"1448\" data-end=\"1594\"><strong data-start=\"1450\" data-end=\"1476\">Orchard One in Wyoming<\/strong>, the first fully operational carbon storage facility, with an annual capacity to capture <strong data-start=\"1566\" data-end=\"1591\">2 million tons of CO\u2082<\/strong>.<\/li>\n<\/ul>\n<h2 dir=\"ltr\" style=\"text-align: left;\" data-start=\"1596\" data-end=\"1642\"><span style=\"font-size: 14pt;\"><strong data-start=\"1600\" data-end=\"1640\">Innovative Carbon Storage Technology<\/strong><\/span><\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"1643\" data-end=\"1750\">Spiritus leverages cutting-edge <strong data-start=\"1675\" data-end=\"1715\">carbon capture and storage solutions<\/strong> through its proprietary systems:<\/p>\n<ul dir=\"ltr\" style=\"text-align: left;\" data-start=\"1752\" data-end=\"1808\">\n<li data-start=\"1752\" data-end=\"1776\"><strong data-start=\"1754\" data-end=\"1774\">Spiritus Sorbent<\/strong><\/li>\n<li data-start=\"1777\" data-end=\"1808\"><strong data-start=\"1779\" data-end=\"1806\">Spiritus Carbon Orchard<\/strong><\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"1810\" data-end=\"1904\">These advanced technologies enable <strong data-start=\"1845\" data-end=\"1876\">cost-effective and scalable<\/strong> carbon removal solutions.<\/p>\n<h2 dir=\"ltr\" style=\"text-align: left;\" data-start=\"1906\" data-end=\"1958\"><span style=\"font-size: 14pt;\"><strong data-start=\"1910\" data-end=\"1956\">Strategic Partnership with Aramco Ventures<\/strong><\/span><\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"1959\" data-end=\"2292\" data-is-last-node=\"\" data-is-only-node=\"\">This partnership with <strong data-start=\"1981\" data-end=\"2000\">Aramco Ventures<\/strong> represents a <strong data-start=\"2014\" data-end=\"2095\">strategic step in exporting U.S. technology and expanding its global presence<\/strong>. It will further support the <strong data-start=\"2125\" data-end=\"2199\">development and deployment of carbon capture solutions in Saudi Arabia<\/strong>, contributing to the nation\u2019s efforts to <strong data-start=\"2241\" data-end=\"2291\">achieve carbon neutrality and reduce emissions<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spiritus raises $30 million in Series A funding led by Aramco Ventures, with participation from Khosla Ventures, Mitsubishi Heavy Industries America, and TDK Ventures. Development of three major carbon capture and removal facilities, including a pilot plant in New Mexico and Orchard One in Wyoming, which has an annual capacity of 2 million tons of [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":41211,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1810],"tags":[7480,7481,7479],"class_list":["post-41213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-khosla-ventures","tag-mitsubishi-heavy-industries-america","tag-spiritus"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/41213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=41213"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/41213\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/41211"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=41213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=41213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=41213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}