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Nuada has raised $9.0M across 2 funding rounds.
Key people at Nuada.
Nuada has raised $9.0M in total across 2 funding rounds.
Nuada develops energy-efficient carbon capture machines for industrial emissions reduction, leveraging advanced materials science. Its proprietary technology merges specialized capture materials with an electric removal process, claiming 90% energy efficiency improvement over current solutions. This innovation makes industrial decarbonization more viable and cost-effective for heavy industry.
Founded by Co-CEOs Dr. Conor Hamill and Dr. Jose Casaban, Nuada emerged from extensive innovation in advanced materials. Dr. Hamill, a chemical engineer, contributes strategy expertise; Dr. Casaban, a chemist, specializes in sorbent materials. Their collaboration yielded a breakthrough in highly efficient carbon capture, addressing industrial decarbonization needs.
Nuada targets hard-to-abate industries, validating its technology in commercial applications like cement, biomass incineration, and waste-to-energy facilities. Its vision centers on enabling zero emissions to eliminate polluting industrial operations. Providing economically viable solutions, Nuada empowers industries to achieve substantial carbon footprint reductions.
Key people at Nuada.
Nuada has raised $9.0M in total across 2 funding rounds.
Nuada's investors include Business Growth Fund, Clean Growth Fund.
Nuada is a vertically integrated carbon capture company specializing in energy-efficient CO2 removal from industrial emissions in hard-to-abate sectors like cement and steel.[1][2][3] It develops "heatless" filtration machines using metal-organic frameworks (MOFs) and vacuum swing technology, which capture CO2 without heat or toxic solvents, enabling retrofits to existing plants for cost-effective decarbonization.[2][4][5] Formerly MOF Technologies, Nuada has raised $12.49M, secured partnerships with cement giants like Holcim and SCG, and operates a mobile pilot plant for real-world demonstrations, positioning it to accelerate Net Zero goals.[2][3][5]
The company serves heavy industries struggling with emissions reductions, solving the high energy and cost barriers of traditional carbon capture by slashing energy use and enabling scalable, plug-and-play deployment.[1][4][5] Its growth momentum includes a €2.5M EU funding award, deals like the Enfinium energy-from-waste pilot, and backing from the Global Cement & Concrete Association (GCCA).[3][5]
Nuada traces its roots to 2012, when it launched as MOF Technologies in Belfast, UK, following over a decade of innovation in advanced materials science, particularly metal-organic frameworks (MOFs).[1][2][4] The founders built expertise through designing, scaling, and applying solid sorbents, expanding from R&D to manufacturing, testing, and prototyping amid multiple EU-funded carbon capture projects.[1] A pivotal rebrand to Nuada marked its evolution into a fully vertically integrated company, leveraging this "development pedigree" to deliver next-generation tech for industrial Net Zero.[1][3]
Key figures include CEO Jean-Claude Sabourin, with experience leading a Chinese metallic foams startup (Rontec), managing Scott Bader (a $300M UK chemicals firm), and serving as a venture partner at CM Venture focusing on hard tech.[1] COO Dr. Conor Hamill and CTO Dr. Jose Casaban drive operations, with Clean Growth Fund representation on the board via Stephen Price.[3] Early traction came from GCCA involvement and cement industry pilots, humanizing Nuada's mission as a purpose-driven response to climate challenges through collaboration and innovation.[1][3]
Nuada stands out in carbon capture through these key advantages:
These features prioritize developer-like ease for industrial users, minimizing operational disruption while maximizing CO2 capture viability.[5]
Nuada rides the surging demand for point-source carbon capture amid global Net Zero mandates, targeting hard-to-abate industries responsible for ~30% of emissions where electrification falls short.[1][2][3] Its timing aligns with policy tailwinds like EU Innovation Fund awards (€2.5M secured) and industry pledges from GCCA members, as cement and steel face tightening regulations and carbon pricing.[3][5] Market forces favoring electricity-powered, solvent-free solutions amplify its edge over legacy tech, enabling retrofits that preserve trillions in existing infrastructure while competitors like Carbonade or Fulcrum focus on downstream uses.[2]
By partnering with emitters for pilots, Nuada influences the ecosystem, de-risking adoption and fostering collaboration—essential since climate challenges demand shared problem-solving.[1][3] This positions it as a linchpin in industrial decarbonization, bridging materials science innovation with deployable hardware.
Nuada's trajectory points to rapid scaling via pilot successes and funding, with full commercial deployments likely in cement and waste-to-energy by 2026-2027, fueled by EU grants and OEM partnerships.[3][5] Trends like rising carbon taxes, AI-optimized sorbents, and hydrogen economy synergies will shape its path, potentially expanding to steel and chemicals.[2][4] Its influence could evolve from innovator to market leader, redefining capture as a profitable necessity and proving zero-emission industry viable—capturing the future, as its vision promises.[1]
Nuada has raised $9.0M across 2 funding rounds. Most recently, it raised $4.0M Series A in July 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2023 | $4M Series A | — | Business Growth Fund | Announced |
| Oct 1, 2022 | $5M Series A | — | Business Growth Fund, Clean Growth Fund | Announced |
