Climate CEOs (by EFI): Scaling Climate Tech Startups #188: Will Kain, CEO of Avnos — $100M for New Carbon Removal Direct Air Capture Tech. Deployment Partners on Three Continents. Dog Walks for Better Business Ideas.
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:
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🤔 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).