Akermin

About Akermin

Akermin, founded in 2003, is a company headquartered in Saint Louis, MO, that develops systems to remove carbon dioxide from industrial gases. The firm's approach integrates biocatalysts and nanotechnology, embedding enzymes into proprietary delivery systems that can be incorporated into conventional CO2 removal processes using chemical absorption. This technology is applicable to various industries that produce flue gas, such as cement production, waste-to-energy facilities, and natural gas and hydrogen production.

The company's business is centered on providing environmental services to other businesses. By focusing on a multi-disciplinary method, Akermin has developed a system that leverages biocatalysts for the efficient capture of CO2. This can be seen in their collaboration with Aker Carbon Capture, which utilizes a similar amine-based technology in projects like the one at Heidelberg Materials' Brevik cement plant in Norway. These systems work by taking flue gas and introducing it into an absorber tower, where a solvent separates the CO2. The captured CO2 is then released through a heating process, collected, and prepared for transport and storage.

Over its history, Akermin has secured significant funding to support its research and development efforts, raising a total of $22.1 million. A notable funding round occurred in January 2010, when the company raised $11.3 million in a Series B venture capital financing, bringing its total raised capital to $16.3 million at that time and reaching a revenue-generating stage.