EPISODE · Jan 16, 2025 · 30 MIN
#230 This Founder Built a $5M Climate Tech Startup in Africa (Here’s How!) w/ Martin Freimuller (Octavia Carbon)
from CleanTechies · host Silas & Somil
Martin Freimüller, the CEO and Co-Founder of Octavia Carbon, a cutting-edge Direct Air Capture (DAC) company based in KenyaMartin’s journey began with a deep appreciation for Africa’s potential and the realization that Kenya, with its abundant geothermal energy and skilled talent pool, is the perfect location for DAC. In just two and a half years, Octavia Carbon has developed patented technology, grown to a team of 61 (40 of them engineers), and even built Kenya’s first DAC pilot facility.Here’s the kicker: they’ve managed to secure millions in prepaid carbon revenue to fund their projects — all before raising their $5M seed round. Octavia’s tech pulls CO2 from the air, stores it underground as minerals, and leverages Kenya’s unmatched renewable energy resources to make the process both cost-effective and scalable.Reliable and affordable carbon removal is critical to the fight against climate change, and Octavia Carbon is showing that emerging markets can lead the charge.Get the full episode today to hear:How they got customers to prepay millions for their pilot projectsWhy Kenya is the global sweet spot for DACThe role clean energy and carbon storage play in shaping Africa’s economyWhat makes Direct Air Capture the hardest engineering challenge in the world—and why Octavia is ready to solve it📝 Show Notes:Topics 02:25 Octavia Carbon05:35 Founding Octavia Carbon09:07 Understanding Direct Air Carbon Capture (DAC)13:24 Kenya: The Ideal Location for DAC14:44 The Climate Tech Scene in Africa21:15 Opportunities in Emerging Markets27:45 Navigating Skepticism in DAC30:35 Cost Advantages of Operating in Emerging Markets35:46 Best Practices for Founders in Emerging Markets38:31 Verifying DACLinksMartin Freimüller | Octavia CarbonConnect with Somil on LinkedIn | Connect with Silas on LinkedInFollow CleanTechies on LinkedInThis podcast is NOT investment advice. Do your homework and due diligence before investing in anything discussed on this podcast.Support the showIf you're gonna change the world, you're gonna need a world-class team. Partner with ErthTech Talent to help you do that, for less.70+ Placements5+ Years (exclusively in CleanTech)The Lowest Fees in the Market (12-15% of first-year salary)90-day placement guaranteeIt's really hard to say no to that. Wait?! -- The best service is also the cheapest? Seems too good to be true, but it's the entire reason we started this company. We believe that Climate entrepreneurs are doing important work, and there should be a firm to help them find the best talent, without it breaking the bank. Reach out today for a free assessment of your hiring process. [email protected]
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Martin Freimüller, the CEO and Co-Founder of Octavia Carbon, a cutting-edge Direct Air Capture (DAC) company based in Kenya Martin’s journey began with a deep appreciation for Africa’s potential and the realization that Kenya, with its abundant geothermal energy and skilled talent pool, is the perfect location for DAC. In just two and a half years, Octavia Carbon has developed patented technology, grown to a team of 61 (40 of them engineers), and even built Kenya’s first DAC pilot facility. H...
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#230 This Founder Built a $5M Climate Tech Startup in Africa (Here’s How!) w/ Martin Freimuller (Octavia Carbon)
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