Three UK firms seek £100m to build Europe's largest carbon-sucking machine

From left: John Egan (Progressive Energy), Nicholas Chadwick (Mission Zero), and Jasper Wong (Airhive). Press photos/Impact Loop design
11 Jun 2026
11:56
From left: John Egan (Progressive Energy), Nicholas Chadwick (Mission Zero), and Jasper Wong (Airhive). Press photos/Impact Loop design
Three companies from the UK are looking to raise £100m for a new joint venture to build Europe's largest direct air capture plant.

Europe's direct air capture (DAC) crown could be heading from Iceland to northern England.

Two UK startups and a veteran project developer have formed a joint venture, UnionDAC, that aims to build a plant capable of sucking 60,000 tonnes of CO2 from the atmosphere each year.

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