At BONVENTURE, the development of high-impact climate protection solutions lies at the heart of our mission. In collaboration with a dedicated student team from the TUM School of Management, a comprehensive market analysis on Carbon Dioxide Removal (CDR) in Europe was conducted as part of a project study.
In their final thesis titled “Investing in European Carbon Dioxide Removal: A Market Study for Early-Stage Investors”, Phoebe Fang, Saranda Hoti, and Vincent Goldes examined the dynamics and potential of this still emerging sector.
“We sincerely thank the student team for the inspiring collaboration and wish everyone involved continued success on their journey.”
The analysis shows that Direct Air Capture (DAC) is increasingly establishing itself as a cost-effective and scalable technology—particularly among German startups. Demand is primarily driven by emissions-intensive industries that face growing regulatory pressure to reduce their emissions quickly and effectively. At the same time, the study highlights the diversity of Germany’s impact ecosystem: from the production of climate-positive oil, to the use of finely ground silicate rock for enhanced weathering, to graphene-based CO₂ innovations—the market is characterized by entrepreneurial creativity and technological ingenuity.
“We sincerely thank the student team for the inspiring collaboration and wish everyone involved continued success on their journey,”
says Benjamin Hollerith, Investment Analyst at BONVENTURE, adding:
“We have already defined a number of verticals for relevant thematic areas and look forward to continuing our collaboration with the students.”