Avnos, a Los Angeles company specializing in hybrid direct air capture, or HDAC, technology, is receiving up to $17 million in financing to build a new facility, nearing commercial scale through Project Cedar. Shell and Mitsubishi Corporation will provide the capital.
The money enables Avnos to accelerate HDAC’s path to market, reduce costs and create a repeatable model for building carbon removal infrastructure at scale. The company’s approach eliminates the need for external heat and water while producing clean water as a co-product. Avnos has secured access to over $100 million in funding to date to advance its tech.
Project Cedar will deploy four HDAC modules capable of capturing 3,000 metric tons of carbon dioxide and producing more than 6,000 tons of clean water each year. The facility is scheduled to be operational by the end of 2026 at a U.S.-based site that will be announced later.
