Seed · $5M
Octavia Carbon
Direct air capture powered by Africa's geothermal energy
Carbon RemovalDirect Air CaptureLateral Frontiers
octaviacarbon.com →
Carbon Capture, African Style
Most direct air capture companies are building in North America and Europe, where energy costs make the technology prohibitively expensive. Octavia Carbon flipped the script — they're building the Global South's first commercial-scale DAC plant in Kenya, tapping into the country's abundant geothermal energy to power the capture process at a fraction of the cost of Western peers.
The $5M seed round included $3.9M in equity and $1.1M in advance carbon credit sales, co-led by Lateral Frontiers and E4E Africa with participation from Catalyst Fund, Launch Africa, and Fondation Botnar. Co-founders Martin Freimüller (ex-Dalberg, Cambridge), Duncan Kariuki (mechanical engineer from near Mt. Kenya), and Mike Bwondera (R&D lead) connected through the OpenAir Collective and open-sourced their first prototype design.
Scale and Impact
The team has grown to nearly 60 people, 40 of them engineers, making Octavia one of the five largest DAC companies in the world by team size. Their proprietary sorbent technology adsorbs CO2 from ambient air, then releases it through heating for permanent geological storage via a partnership with Cella Mineral Storage. With 12 clients already onboard, the company is targeting 1,500 tons per year of capture capacity — proving that climate tech doesn't have to be a rich-country monopoly.
About Martin Freimüller
Martin Freimüller is the Co-Founder and CEO of Octavia Carbon, the company building the Global South's first commercial-scale direct air capture plant. Before founding Octavia, Freimüller worked at Dalberg and studied at Cambridge. He co-founded the company alongside Duncan Kariuki, a mechanical engineer from near Mt. Kenya, and Mike Bwondera, who leads R&D.
The three co-founders connected through the OpenAir Collective and open-sourced their first prototype design, reflecting a commitment to collaborative climate innovation. Freimüller chose to build in Kenya rather than the West, leveraging the country's abundant geothermal energy to power the capture process at a fraction of the cost of North American and European peers.
Under Freimüller's leadership, Octavia has grown to nearly 60 people — 40 of them engineers — making it one of the five largest DAC companies in the world by team size. The company has secured 12 clients, developed proprietary sorbent technology, and partnered with Cella Mineral Storage for permanent geological CO2 storage.
Sources: Public press releases, SEC and state business filings, published interviews, news coverage, and company disclosures.