Mars inspired carbon capture company raises $1m

Mars inspired carbon capture company raises $1m
Allan Scott says Aspiring Materials' carbon extraction is energy efficient. (Image: Supplied)
Henry Burrell
A Christchurch startup developing carbon capture methods to help the fight against climate change has raised $1 million in a pre-seed funding round led by Icehouse Ventures with support from Outset Ventures.Aspiring Materials has developed a method of extracting minerals from olivine rock that can capture carbon at the source of emission. The idea for the business began in about 2012 when co-founders Allan Scott and Chris Oze were on a night out discussing another planet in our solar system. “He's a geologist, and I'm a...

More Technology

Tech billionaires need a break from reality-distortion fields
Technology Opinion

Tech billionaires need a break from reality-distortion fields

Novel forms of power require novel checks and balances.

Hospitality tech firm Bustle brewing up success
Retail

Hospitality tech firm Bustle brewing up success

App for cafes is steaming ahead with a plan to grow to 5000 customers in three markets.

AI policy under Trump: what it means for NZ
Technology Business of Tech

AI policy under Trump: what it means for NZ

In this week’s episode, Peter talks to Sarah Box, an MBIE digital policy specialist.

Peter Griffin 03 Apr 2025