Project Cypress

About Project Cypress

Project Cypress is a proposed hub in Louisiana focused on advancing Direct Air Capture (DAC) technology to remove excess carbon dioxide from the atmosphere and store it permanently underground. It aims to capture over one million metric tons of CO2 annually while providing economic, educational, and workforce opportunities to local communities.

Products & Services

Direct Air Capture (DAC) Hub:A facility using DAC technology to remove CO2 directly from the atmosphere, with two locations in Louisiana: Project Cypress Southwest in Calcasieu Parish and Project Cypress Northwest in Caddo Parish.

Specialties

Direct Air Capture (DAC) Carbon Removal Carbon Storage

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Federal Funding T: - FT: Federal Funding	A: 50000000 MR: - FA: 50 million FAN: 50000000	D: 2024-03-27 FD: 2024-03-27	1 investors

Federal Funding Latest

2024-03-27

$50.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

C

Christoph Gebald

Engineer

J

Jan Wurzbacher

Engineer

S

Shashank Samala

Recent News

Project Cypress Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised