illuminem summarizes for you the essential news of the day. Read the full piece on Forbes or enjoy below:

🗞️ Driving the news: Captura, a Pasadena-based company, is advancing Direct Ocean Capture (DOC) technology to fight climate change by enhancing the ocean's natural carbon sequestration capabilities
• With a pilot system in Los Angeles, Captura aims to scale up its operations, leveraging the ocean's ability to absorb CO2 without the need for chemical inputs

🔭 The context: Founded in 2021 by Caltech professors and led by CEO Steve Oldham, Captura employs a proprietary electrodialysis process for DOC, offering a more energy-efficient solution compared to Direct Air Capture
• The company's approach aims to commercialize carbon removal credits, particularly targeting hard-to-abate industries

🌍 Why it matters for the planet: Captura's technology enhances the ocean's role as a natural carbon sink, aiming to offset atmospheric CO2 levels and mitigate climate change
• By operating as a closed system, it ensures ecological safety and aims for widespread deployment without environmental disruption

⏭️ What's next: Captura plans to enter commercial production by 2026, with pilot plants in Quebec and Norway operational by 2025

💬 One quote: "The brilliance of Captura’s design is that it was engineered as a closed system… Captura’s technology doesn't add harmful chemicals to the ocean that should not be there, nor does it remove anything from the ocean that should be there."

📈 One stat: Captura has raised a total of $33.5 million in Series A funding, demonstrating significant industry support and confidence in its DOC technology

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