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Aspiring Materials
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Developer of process that manufactures Mg(OH)2 from ultramafic rocks which is used for carbon mineralization, following direct air capture, point source or industrial flue gas carbon capture

Founded in 2021
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Company type Private Public ()
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Industry Group materials & chemicals

Sector carbon capture usage & storage (ccus)

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters New Zealand New Zealand
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Updated by at on 11/14/2023

Edited by Cleantech Group on 01/29/2025

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Date Partner Type
12/11/2024
Elemental Excelerator Elemental Excelerator
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Confirmed by Elemental Excelerator
Incubation/Acceleration
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Date Investors Type Amount
12/11/2024 Elemental Excelerator Elemental Excelerator (1)
Post-money valuation of
The funding, part of 16 new investments will go towards scaling their technologies.
Series A
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