Startup Profile

Parallel Carbon

Manchester, United Kingdom

Affordable, renewable feedstocks for carbon-negative fuels

Company Details

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The Problem:

Producing sustainable fuels requires affordable, low-carbon CO2 and H2, but DAC and electrolysis remain costly ($600–1,000/t CO2, $4–7/kg H2) for feedstock generation. E-fuel projects face risks using point-source CO2 and struggle to co-locate low-carbon CO2 and H2. Parallel Carbon captures CO2 as a co-product to H2 production, delivering high-purity, low-carbon gases at the same site, targeting under $2/kg H2 and $200/t CO2 before 2030, even at sub-commercial scale.

The Solution:

Parallel Carbon’s solution integrates DAC with a membrane-free water electrolyser to co-produce CO2 and H2 from renewable electricity, reducing capex while supplying feedstocks for e-fuels. The electrolyser also generates acids and bases for DAC use. Our DAC system operates passively using wind and convection, reducing energy demand and equipment size. Intermittent electrolyser operation on low-cost renewables, paired with passive DAC, delivers the lowest-cost CO₂ and H₂ with minimal resources.

The Differentiator:

Our startup combines direct air capture and hydrogen production in one low-cost, integrated system. Unlike others, we use membrane-free electrolysis and passive mineral cycling to co-produce CO₂ and H₂ with minimal energy, land, and water use. This dual-output model offers two revenue streams and supports clean fuel production at scale.

Biggest Achievement:

Carbon Removal XPrize Top 60, less than a year after incorporation and being the smallest team. Secured Seed funding with Aramco Ventures as our lead investor. Named as Top Innovator in UpLink's Carbon Capture and Utilisation Challenge.

Programme themes:

Decarbonisation

Team members:

Aranzazu Carmona Orbezo

Co Founder & CTO

Ryan Anderson

Co-Founder & CEO

Fortune Ohaegbulam

Operations Manager

Tom Harding

Business Developer

Tom Owen

Mechanical Engineer

Daniel Sault

Process Chemist

Theo Suter

Electrochemical Engineer

John Mackay

Carbon Capture Engineer

Yuanchao Li

Electrochemist

Alicia Capper

Laboratory Technician