Dioxycle
Corporate brand
UnclaimedA French-American climate-technology startup developing electrochemical systems that convert carbon dioxide into sustainable ethylene.
Last updated August 25, 2026
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Overview
Dioxycle is a French-American climate-technology startup founded in 2021 to develop ways of converting captured carbon emissions into useful industrial chemicals. Its stated focus is sustainable ethylene, a major chemical building block traditionally produced from fossil-based feedstocks. The company's approach uses a proprietary electrolyzer supplied with water, carbon dioxide, and electricity to produce ethylene. In principle, this technology could provide a route to recycle carbon emissions into a widely used material input while relying on low-carbon electricity rather than conventional fossil feedstocks. The company was cofounded by Sarah Lamaison, who serves as chief executive officer, and David Wakerley, who serves as chief technology officer. Dioxycle moved from laboratory work toward its first prototype in 2022, marking a transition from early research to the development of an engineering system capable of demonstrating its carbon-conversion process. The company has not publicly disclosed a broad commercial product portfolio; its electrolyzer and associated carbon-conversion process are the central offering described in available reference material. In 2023, Dioxycle announced a US$17 million Series A financing round backed by Lowercarbon Capital, Breakthrough Energy Ventures Europe, and Gigascale Capital. The funding was intended to support the continued development and scale-up of its technology. As a private startup, Dioxycle does not have a public stock-market listing or ticker. Publicly available information identifies the company as having a French-American profile, but does not establish a specific headquarters location, operating-market footprint, commercial production scale, or current revenue base.
History
Dioxycle was established in 2021 as a French-American technology startup focused on carbon utilization. Its founding objective was to develop a more sustainable route to ethylene, an important industrial chemical used as a precursor for numerous materials and products. Rather than relying on fossil-based feedstocks, the company works on an electrochemical process intended to use carbon dioxide that has been captured or recycled from emissions, together with water and electricity. The company was cofounded by Sarah Lamaison and David Wakerley. Lamaison became Dioxycle's chief executive officer, while Wakerley became its chief technology officer, reflecting the company's combination of commercial leadership and laboratory- and engineering-led technology development. Early work concentrated on demonstrating the underlying chemistry in laboratory conditions. In 2022, Dioxycle progressed to its first prototype, an important development in translating the concept into a device that could be further tested and scaled. Dioxycle's principal technology is described as a proprietary electrolyzer. The system is designed to use electricity to drive the conversion of carbon dioxide and water into ethylene. The intended value proposition is both environmental and industrial: carbon dioxide would serve as a carbon input rather than simply being released, while the resulting ethylene could potentially substitute for some conventionally produced ethylene if the process reaches the required levels of efficiency, reliability, cost competitiveness, and scale. In 2023, Dioxycle raised US$17 million in Series A funding from Lowercarbon Capital, Breakthrough Energy Ventures Europe, and Gigascale Capital. The financing provided additional support for technology development and scale-up, although the available reference material does not specify the company's subsequent production capacity, commercial customers, revenue, or deployment locations. Dioxycle remains a private company. Public information identifies it as French-American but does not provide a confirmed headquarters address or a detailed list of operating markets. Its publicly described business remains centered on the development of carbon-conversion equipment and process technology rather than a diversified portfolio of finished consumer products.
- 2023
Series A financing completed
[1]Dioxycle raises US$17 million in Series A funding from Lowercarbon Capital, Breakthrough Energy Ventures Europe, and Gigascale Capital.
- 2022
First prototype developed
[1]The company advances from laboratory trials to its first prototype of an electrolyzer-based carbon-conversion system.
- 2021
Dioxycle is founded
[1]Dioxycle is established as a French-American technology startup focused on producing sustainable ethylene from recycled carbon emissions.
Products and positioning
Dioxycle positions itself as a carbon-utilization and industrial decarbonization technology company. Its differentiation is the attempted production of ethylene from recycled carbon dioxide using electrochemical conversion rather than conventional fossil-derived feedstocks.
Industrial climate technology · 2022
Proprietary carbon-conversion electrolyzer
Dioxycle's central technology is a proprietary electrolyzer designed to combine water, carbon dioxide, and electricity to produce ethylene. The system represents the company's effort to move carbon dioxide conversion from laboratory research toward an industrially relevant process. Available information identifies the electrolyzer as the company's primary product, but does not establish commercial specifications, capacity, pricing, customer deployments, or production status.
Chemical-production technology
Sustainable ethylene production process
This process is intended to produce ethylene from recycled carbon dioxide rather than relying entirely on conventional fossil-derived chemical feedstocks. It uses electrochemical conversion powered by electricity, with the potential environmental benefits depending on the source of the electricity, the origin and permanence of the carbon dioxide, process efficiency, and eventual industrial scale. Public sources do not indicate that the process has reached full commercial deployment.
Brand decisions
2023
Raise Series A funding to advance carbon-conversion technologyStrategyBackground
Dioxycle was developing its electrolyzer technology after moving from laboratory trials to an initial prototype.
Action taken
The company raised US$17 million from Lowercarbon Capital, Breakthrough Energy Ventures Europe, and Gigascale Capital.
Aftermath
The financing was intended to support continued technology development and scale-up. The available material does not specify later commercial capacity or deployment results.
Series A financing. US$17 million raised (2023)
Sources1 sources
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