Clean air, please! Here’s Bioniqa, a cleantech startup that’s developing carbon capture technology to solve the air quality issue in Indonesia. And they just raised some fresh funds.
Investor check. Bali Investment Club led the round.
🇮🇩 Big picture
There’s an air pollution crisis in Jakarta right now—and experts say it’s already causing a rise in respiratory illnesses and deaths in northern Java (including Jakarta).
Earlier this August, Jakarta’s air pollution levels worsened and it was named the ‘most polluted city in the world’, according to IQAir.
🍀 Hello, Bioniqa
Bioniqa develops algae-based carbon capture technology that absorbs CO2 emissions from the atmosphere and converts it into carbon and oxygen credits.
🗺️ What the future holds?
They’ll open a laboratory and algae plantation. Oh, they’ll also increase their photobioreactor capabilities through IoT tech.
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