The smell of success: tons of avoided CO₂

Carbonfix is proud to announce funding Swedish startup Copper Lavenderthrough a loan agreement. Copper Lavender is pioneering a novel transformation of carbon dioxide into valuable organic compounds – including perfume ingredients – thereby further decreasing our future dependence on the fossil industry.

Their revolutionary technology-to-be uses copper to convert CO₂ into acetylene – a so called platform molecule – in a way that would require far less energy than the current processes do. Their technology has the potential to become a pathway reducing megatons of CO₂ per year. (Read more in the extended interview below).

With our early support, we hope they will be able to validate their hypothesis sooner rather than later, so that other investors will help their innovative carbon utilisation approach mitigate the worst of CO₂’s impact on our atmosphere.

Something smells fishy in the perfume industry

Copper Lavender’s potential impact is significant. If they succeed, the global chemical industry would be introduced to a new and superior technological benchmark: a viable alternative from their fossil feedstock production lines currently used for the vast majority of perfumes, cosmetics and many, many adjacent industries.

Our aim with funding Copper Lavender is primarily to validate the energy efficiency of their unique technology. They need to prove that the overall footprint of this conversion pathway is indeed way lower than the current traditional fossil base processes. Only then is it possible to generate the mega volumes of acetylene used globally.

(Oh, and raise your hand if you knew perfumes were so dependent on the fossil industry!?)

The big, bold picture that got some Thunberg inspiration

Founded by Dr. Denys Shevchenko, a chemist with 25 years of research experience, Copper Lavender represents exactly the type of innovative solution CarbonFix seeks to support. It’s a bold, novel approach that could accelerate carbon removal technologies in many industries.

Producing a luxury perfume as an initial market entry we think would quickly establish their added value.

And we have Greta Thunberg and a vodka brand to thank for that approach. Read our interview with founder dr. Denys Shevchenko here