Climate CEOs: Scaling Startups Avnos: $100M for Direct Air Capture + Global Deployment
Avnos is developing next-gen direct air capture tech that cuts costs 50% while producing water, scaling globally with strategic partners across three continents.
Avnos provides a Hybrid Direct Air Capture (HDAC) solution that inverts the water paradigm in DAC, producing water (5 tons per ton of carbon captured), eliminating heat consumption, and reducing costs by 50% compared to other forms of DAC.
Will is a serial founder, investor, and board member in climate tech.
In this episode, you’ll learn these four important takeaways and much more.
- How they accessed $100M in capital to grow this company
- How their technology does what seems impossible in the DAC sector
- How they accessed strategic investors and deployment partners on three continents
- Why walking his dog and disengaging the brain produces some of his best business ideas
🔗 PODCAST SHOW LINKS:
Avnos - https://www.avnos.com
Will - https://www.linkedin.com/in/will-kain
Recent $36M Series A capital raise - https://shorturl.at/d17tT
Acquired (podcast) - https://www.acquired.fm
Moneyball: The Art of Winning an Unfair Game (book) - https://www.amazon.com/Moneyball-Art-Winning-Unfair-Game/dp/0393324818
Powers: The Foundations of Business Strategy - https://shorturl.at/muTC7
Third Derivative (climate tech accelerator) - https://www.third-derivative.org
📈 JOIN EFI’S CLIMATE CEO PEER GROUP:
Become an EFI Climate CEO Fellow — Join North America’s top private peer group community for growth-stage CEOs in climate tech and sustainability. We’re a community of 80+ CEO Fellows, Alumni Allies, and Mentors (investors and post-exit CEOs) representing over $20B of market value or financial assets for climate solutions. Apply here: https://www.entrepreneursforimpact.com
📣 READ EFI’S NEWSLETTER:
Join over 20,000 entrepreneurs, investors, and innovators who get our three-minute read about changing the world through startups, finance, humor, and wisdom. https://entrepreneursforimpact.substack.com
✍🏼 LEAVE A PODCAST REVIEW:
To help more people discover the climate tech CEOs and investors we interview, please take one minute to review or rate this podcast. Since we don’t take any sponsors for this podcast, we appreciate this small gesture of your appreciation. Here are instructions: https://ratethispodcast.com/guides/where-can-people-leave-podcast-reviews
🤔 PODCAST HOST:
Dr. Chris Wedding is the founder of EFI (climate CEO peer groups), cofounder of Terraset (carbon removal), Senior Advisor at Javelin Capital (investment banking), Board member at World Tree (regenerative forestry), Board Advisor at DG Matrix (next-gen power electronics), Duke & UNC professor, ex-private equity investor, ex-investment banker, occasional monk, father of three, 2x ax-throwing champ (huh?), Time Magazine Person of the Year in 2006 (Google it), and super humble guy (as evidenced by this long bio).