Matchmaking to advance carbon capture
Munters, a leading supplier of advanced air treatment solutions, has been looking for a partner to expand its carbon capture portfolio. With the help of Combient Foundry, it found its match in Capsol Technologies, a prominent scale-up specializing in carbon capture technology.
Combient Foundry has played a crucial role in bringing the companies together and supporting collaboration towards their common goal. It evaluated over 100 companies in the carbon capture space within 100 days before landing on Capsol Techologies. Combient Foundry streamlined the partner selection process, leading to tangible outcomes, a strategic investment and fostering learnings from the ecosystem.
The collaboration between the two companies will lead to significant advancements in carbon capture technology developing cutting-edge mass transfer equipment tailored for industrial processes.
“Combient Foundry’s mission is to accelerate time to market for industrial companies,”
says Lauri Lehtovuori, CEO of Combient Foundry.
“When we bring together top-tier startups and scale-ups, and leading industrial companies, we solve critical business needs at scale.”
A strategic alliance for positive change
Munters partnership with Capsol Technologies represents a significant step in the company’s commitment to drive sustainable transformation in the cleantech sector.
“Carbon capture is a key focus area for us, offering many new and exciting opportunities,” says Jing Jin, Vice President of Clean Technologies at Munters. “Together with Capsol Technologies, we are committed to delivering solutions that not only push technological boundaries but also contribute to a sustainable future.”
Based on Munters expertise in mass transfer and separation technology, the collaboration aims to enhance Capsol’s technology for carbon capture. The goal is to increase the energy-efficiency and cost-effectiveness of processes for carbon capture.
“Munters is renowed as a world-leading supplier of essential components for our carbon capture plants,” says Wendy Lam, CEO of Capsol Technologies. “This collaboration will enhance our offerings providing our customers with superior carbon capture solutions. Together, we aim to accelerate the global transition to a net zero future.”
Combient Foundry’s process and support significantly decreased the time to value in open innovation efforts, facilitating rapid execution, fostering learnings from the ecosystem, and yielding tangible outcomes.