Dioxycle
Dioxycle is a French-American technology startup company. Founded in 2021, it aims to develop sustainable ethylene from recycled carbon emissions. In 2023, it raised US$17 million in its Series A round from Lowercarbon Capital, Breakthrough Energy Ventures Europe, and Gigascale Capital. The company's primary product is a proprietary electrolyzer that uses water, carbon dioxide, and electricity to produce ethylene. It moved from lab trials to its first prototype in 2022.