Pioneering innovations through strong partnerships in global DAC manufacturing
DACMA GmbH partnerships with Repsol Sinopec, Repsol S.A. and PUCRS in Brazil
Stakeholders from Brazil, Germany, and Spain unite for a carbon removal partnership:
Brazil – PUCRS/IPR University brings expertise in CO2 geological storage, joined by Repsol Sinopec Brazil’s focus on deep decarbonization via DAC. Spain – Repsol S.A. adds its commitment to DAC for deep decarbonization targets. Germany – DACMA GmbH contributes its advanced BLANCAIR DAC technology to the collaboration.
Brazils biggest DAC project – manufactured in Germany
The initial phase of the new project in Brazil includes the construction of an experimental DAC plant, powered entirely by solar power, which will have a capacity of 300 tons of CO2 per year.
Collaboration between Repsol and DACMA is a win-win strategy that drives innovation and strategic growth
From the article “The power of startups: how they contribute to the transformation of large companies” by Repsol Corporate Venturing in Capitol Riesgo
“When a large company invests in a startup, it creates a mutually beneficial dynamic that drives innovation and strategic growth,” says Michael Mumcuoglu, CEO of Cardinalops, a startup invested by Repsol Corporate Venturing, which develops technology related to cybersecurity. “Startups move fast, experiment and iterate quickly” which complements the “agility challenges often faced by large corporations.”
And this is no small matter in today’s dynamic business world, where large companies face the constant challenge of adapting and transforming to remain competitive. In this context, startups emerge as strategic allies, capable of bringing innovation, agility and disruptive solutions that can accelerate the evolution of these companies. “The partnership is a clear example of how large companies and startups can collaborate to generate significant impact,” Mumcuoglu continues.
In return, a large corporation, in addition to financial support, provides startups with what is most important to them: access to the market and to customers, as well as to real industrial facilities. “Repsol brings us valuable experience. They have opened the door for us to work together on international projects in Brazil, Alaska and potentially Spain,” explains Jörg Spitzner, CEO of DACMA, another of the companies in the multi-energy venture’s portfolio. “By combining the strengths of both worlds, a powerful partnership for success is created.” In addition, multienergetics, also brings business management support and access to other investors to raise further funding. Although the technical support from the company’s experts and scientists, especially from its R&D center, Repsol Technology Lab, is one of the aspects most valued by the startups. With all this, a symbiosis is created between startup agility and corporate solidity, which represents a powerful formula for innovation and mutual growth.
DACMA is working on the development of technological alternatives for the direct capture of CO2 from the atmosphere, a relevant solution to mitigate climate change. And for Repsol, it may also represent an opportunity to have raw materials available for the production of synthetic fuels, which are manufactured from this abated carbon and renewable hydrogen.
DACMA and Cardinalops are examples of the synergies that arise between startups and corporations. In the case of Repsol, “collaboration with startups allows us early access to innovative technologies, the ability to influence the development of technological solutions, ensuring that they are aligned with our own challenges and agility in a highly changing context,” says Marta Gómez, Senior Investment Manager of Repsol Corporate Venturing, which is crucial, “because it allows us to promote new business models, as well as new technologies to evolve the company’s industrial assets, and innovative products and services.
Repsol, one of the world’s leading energy companies, has adopted a proactive approach to open innovation and collaboration with startups. Through its investment fund, Repsol Corporate Venturing, endowed with 50 million euros, the multi-energy company has established strategic alliances with more than 20 startups that provide innovative technologies and solutions in three areas: decarbonization and circular economy, advanced mobility and renewables, and digital technologies for asset optimization.
For the head of DACMA, “the relationship with Repsol is very strong and positive. We work closely with them and really appreciate the company’s open-mindedness and forward-looking approach. Compared to many large corporations in Germany, Repsol stands out for its progressive approach. We are proud to support them on their path to climate neutrality.”
Everyone wins in this collaborative context. “We like to think of ourselves as a single team, where we all work towards a common goal. This is where collaboration makes us all grow,” continues Marta Gómez.
And the fact is that, “collaboration between large companies and startups is a win-win strategy that drives innovation and strategic growth,” concludes the CEO of CardinalOps. Startups bring agility, creativity and disruptive solutions, while large companies provide resources, experience and access to global markets. This synergy is essential to face the challenges of the future and build a more sustainable and competitive world.
Link to the article here
Partnering for success: Join us on the journey to achieve net zero
“In just one year, DACMA GmbH have achieved an exponential progress in the atmospheric carbon capture journey. The strategic alliance with Repsol (both in Venturing Capital and projects) will boost the pace of this highly focused group of outstanding engineers that are persistently looking for every angle of the technology improvement. Take the time to celebrate, acknowledge your success and keep going!!!”
“One of the most relevant projects related to the development of technologies with a negative CO2 effect, the ONLY project in Brazil on Direct Air Capture multi-country Spain, Brazil Germany in Open Innovation. Repsol Sinopec Brazil Corporation, Start Up DACMA and PUC Rio Grande do Sul University. A disruptive commitment to a more decarbonized world. Being part of this project is a privilege and a unique opportunity to add value to society.”
“In collaboration with Phoenix Contact, DACMA has developed an application that contributes to CO2 decarbonization. This technology makes a significant contribution to sector coupling in the All Electric Society and to the sustainable use of energy. I am delighted that two technology-driven companies are working together so efficiently.”
“The DACMA GmbH with Jörg Spitzner and his team are not only valuable partners in our network, but also key initiators and innovators who, with BLANCAIR, are driving forward DAC system engineering in the Hamburg metropolitan region – an essential future climate change mitigation technology.”
“Together with our partner DACMA GmbH, we are delighted to be building the first DAC machine on the HAMBURG BLUE HUB site in the Port of Hamburg. The 30-60 tons output of CO2 annually of the BLANCAIR machine can later be used to produce e-methanol for the Port of Hamburg, for example. This is a joint milestone, as it fits in with the plan to purchase large volumes of synthetic fuels from Power-to-X plants in Africa and South America for Germany through the HAMBURG BLUE HUB”.
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