Capture6 using age-old method to tackle carbon

The company will be installing its tech in a Los Angeles County water treatment facility. (Image: Capture6)

Tue, 31 Oct 2023

A carbon-capture startup based in both New Zealand and the United States has secured US$1 million (NZ$1.7m) in venture capital from a sustainability focused not-for-profit fund.Capture6 was founded with the goal of commercialising technology that will both remove carbon from and desalinate salt water.The company, which operates out of both California and Rotorua, was selected to join the latest cohort for Elemental Excelerator’s investment.Shortly after being incorporated in 2022, Capture6 raised NZ$4.5m in its seed round while taking par...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Markets Market Close

Ebos’ index weight grows; NZX 50 drops 0.7%

The a2 Milk Company sunk about 5%.

Gregor Thompson 03 Jun 2025

Markets

Steven Joyce, Jim Grenon join NZME board

Joyce had 93% shareholder support, Grenon 86%.

Pattrick Smellie 03 Jun 2025

Steven Joyce, Jim Grenon join NZME board

Energy

Winter electricity outlook brightens, Tiwai smelter revs up

New electricity contracts have created both flexibility and value for the smelter.

Pattrick Smellie 03 Jun 2025

Winter electricity outlook brightens, Tiwai smelter revs up

Sponsored

New solar fund promises speed, scale – and strong returns

Unlike listed gentailers or rooftop panels, this fund targets the middle ground: agile 5MW solar farms with long-term purchase agreements.

MyFarm

Sponsored

Tired of missing out on getting to global summits to help grow your business?

Airwallex is offering a grant for NZ businesses to join the action.

Airwallex

More Technology

News in Brief

NZ’s Tourplan inks investment deal with Insight Partners

A leading software solution for tour operators and destination management companies announced a strategic investment from global software investor Insight Partners on Tuesday. The investment will enable Tourplan, founded by Peter Trumic in Christchurch in 1986, to expand its inte...

Staff reporters 03 Jun 2025