Riyadh - Sharikat Mubasher: Aramco Ventures, the global venture capital arm of Aramco, led a $30 million Series A round for Spiritus, the US-based climate tech company pioneering cost-effective solutions for scalable direct-air-capture (DAC) of carbon removal.

The funding round saw participation from Khosla Ventures, Mitsubishi Heavy Industries America, and TDK Ventures, the company announced in a press release.

This investment will accelerate Spiritus’ mission to eliminate carbon emissions from the built and energy economies.

Spiritus’ approach combines the Spiritus Sorbent and the Spiritus Carbon Orchard, offering a scalable and modular system for low-cost DAC and sequestration (DAC+S).

Bruce Niven, Executive Managing Director of Strategic Venturing at Aramco Ventures, said: “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. Breakthrough approaches like Spiritus are needed. We are excited to partner with Spiritus and bring this important technology to market.”

For his part, Charles Cadieu, CEO and Co-founder of Spiritus, commented: “We’re seeing soaring demand for data centers and heavy industries, yet we can’t ignore the carbon that comes with it. 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.”

Meanwhile, David Delfassy, Investment Director, TDK Ventures affirmed that Spiritus represents a unique fusion of cutting-edge material science and scalable, cost-efficient carbon removal, making it a key enabler of the world's industrial future.

Spiritus is committed to making carbon removal an accessible and practical tool in the global fight against climate change.