Holocene

Acquired

Building the future of direct air capture.

Knoxville, United States · Founded 2022 · $11.9M raised

Employees
11–50
Founded
2022
Business Model
B2B
Total Funding
$11.9M
Last Round
$10.0M Corporate RoundSep 2024
Rounds
2

About

Holocene is a direct air capture (DAC) technology developer and carbon removal service provider using organic chemistry to remove CO2 directly from the atmosphere. Its liquid-based, low-temperature thermochemical approach is designed to be the lowest-cost DAC system on the market. Holocene was acquired by Occidental Petroleum in April 2025.

Summary

Holocene is a Sustainability company based in Knoxville, United States, founded in 2022. It has raised $11.9M in total across 2 rounds, most recently a $10.0M Corporate Round round in Sep 2024. Investors include Occidental Petroleum, Google and U.S. Department of Energy Loan Programs Office.

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Funding History

AcquisitionAcquired by Occidental PetroleumApr 2025

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Investors

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