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EDAC Labs
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Developer of an electrosynthesizer device that creates acid and base at half the energy of conventional processes for DAC, direct ocean capture, and carbon-negative metal extraction

Founded in 2022
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Company type Private Public ()
Company type

Industry Group materials & chemicals

Sector carbon capture usage & storage (ccus)

TRL Range 7-8
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 Baltimore, MD Baltimore, United States
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Updated by Cleantech Group on 01/29/2025

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IPO INFORMATION

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Date Investors Type Amount
08/14/2023 Grantham Foundation Grantham Foundation (1)
Post-money valuation of
The funding will enable the company to scale and demonstrate its technology at one ton per day of carbon dioxide capture by the end of 2024.
Seed $3,000,000
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