Dioxycle raises $17 million for its electrolyzer that turns CO2 into ethylene
Dioxycle is a carbon transformation startup that is working on a new process to produce ethylene at scale using recycled carbon emissions. Ethylene is used in packaging, clothing, PVC-based sewage pipes, car interiors and more. And the company recently raised a $17 million funding round co-led by Breakthrough Energy Ventures and Lowercarbon Capital, with Gigascale…