Devic Earth
Devic Earth is a Bengaluru-based environmental services company founded in 2018, operating in the Direct Air Capture market focused on CO2 emission reduction. The firm is privately held with 11–50 employees and one disclosed early-stage funding round.
- Company typePrivate
- Founded2018
- HeadquartersBengaluru, India
- Headcount11–50
- GTM typeB2B
- OfferingServices
Devic Earth firmographics
Firmographics- Name
- Devic Earth
- Website
- https://devic-earth.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Devic Earth is a Bengaluru-based environmental services company founded in 2018, operating in the Direct Air Capture market focused on CO2 emission reduction. The firm is privately held with 11–50 employees and one disclosed early-stage funding round.
- Ownership category
- akta.pro rank
Devic Earth industry classification
Industry- Product category
- Environmental Services
- SIC
- Misc Industrial & Commercial Machinery & Equipment (3590)
- akta.pro primary industry
- Direct Air Capture (DAC) Systems & Plants (EUABAFAA)
- akta.pro secondary industries
- Direct Air Capture (DAC) Project Development (EUABABAJ), Carbon Removal Project Development, Financing & Offtake (Developers, Aggregators, Buyers Clubs) (EUABAFAL)
Keywords
Where Devic Earth is headquartered
LocationHeadquarters
- HQ city
- Bengaluru
- HQ country
- India
- HQ region
- Asia
Markets served
Devic Earth business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure
Devic Earth product offering
Product offeringCore offering
Devic Earth provides environmental services focused on Direct Air Capture (DAC) of carbon dioxide from the atmosphere. The company delivers carbon emission reduction solutions for organizations seeking to address CO2 output, operating within the high-growth DAC market. Specific service delivery mechanisms and product offerings are not detailed in available sources due to the company's website being inaccessible.
Differentiator
Problem solved
Functional benefit
Products and services
- Direct Air Capture (DAC) Environmental Services Environmental services focused on Direct Air Capture (DAC) of carbon dioxide, addressing CO2 emission reduction for industrial and commercial organizations operating in the climate technology sector.
Companies that use Devic Earth
Customer profileIdeal customer profiles1 record
Devic Earth technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Devic Earth partnerships and signals
Strategic signalScale indicators3 records
Devic Earth competitors and assessment
Company assessmentDirect peers
- Heirloom Carbon Technologies: Heirloom uses limestone-based DAC technology and is currently operating its first commercial DAC facility in California. It is directly comparable to Devic Earth as a venture-backed DAC company pursuing corporate offtakes in the same voluntary CDR market.
- Noya: Noya retrofits existing cooling towers to capture CO2, taking an infrastructure-leverage approach to DAC. It is a comparable early-stage DAC startup pursuing modular, distributed deployment models with the same corporate CDR buyer segment.
- Global Thermostat: Global Thermostat operates a DAC technology using solid sorbents and has built multiple pilot and demonstration plants. It is a direct peer given shared DAC architecture (sorbent-based capture) and similar pursuit of industrial CDR customers.
- Avnos: Avnos is a US-based DAC startup using hybrid solid sorbent technology to capture both CO2 and water. Comparable as a venture-stage DAC pure-play developing differentiated capture chemistry aimed at lowering the cost per tonne of CO2 removed.
- Climeworks: Climeworks is the world's leading commercial Direct Air Capture company, operating the Mammoth plant in Iceland. It is the most directly comparable peer given Devic Earth's DAC focus, with a similar technology category and target corporate CDR buyer base.
- 1PointFive (Carbon Engineering): 1PointFive, the commercial arm of Carbon Engineering, is building STRATOS, one of the world's largest DAC facilities in Texas. It is a direct peer given shared DAC project development activity, offtake-led commercial model, and pursuit of large-scale industrial CDR customers.
- Mission Zero Technologies: UK-based DAC startup developing electrochemical direct air capture. Comparable as an early-stage DAC company pursuing modular, lower-cost capture systems with corporate offtake partnerships in the same emerging CDR market.
- CarbonCapture Inc. CarbonCapture Inc. develops large-scale DAC systems and recently broke ground on Project Bison. It competes with Devic Earth for the same corporate removal buyers and is pursuing modular DAC plant deployments at industrial scale.
Regional players
- Octavia Carbon: Kenya-based DAC startup building basalt-based mineralization DAC and storage in East Africa. Comparable as an emerging-market DAC operator pursuing cost-leveraged carbon removal, though geographically focused on Africa rather than South Asia.
Broad incumbents
- Occidental Petroleum (Oxy): Occidental owns 1PointFive and is investing billions into DAC and CDR project development. Comparable as a broad incumbent whose strategic priority is scaling DAC, providing both a competitive threat and a potential acquirer or partner for smaller DAC pure-plays.
Market position
Customer concentration
Devic Earth social profiles
Digital presenceDevic Earth financial estimates
Financial estimateRevenue estimate
Valuation estimate
Devic Earth leadership team
Management profileNumber of profiles
Devic Earth funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Devic Earth M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Devic Earth
What does Devic Earth do?
Devic Earth provides environmental services focused on Direct Air Capture (DAC) of carbon dioxide from the atmosphere. The company delivers carbon emission reduction solutions for organizations seeking to address CO2 output, operating within the high-growth DAC market. Specific service delivery mechanisms and product offerings are not detailed in available sources due to the company's website being inaccessible.
Is Devic Earth a public or private company?
Devic Earth is a private company. It is classified as venture growth investor backed and is currently operating.
When was Devic Earth founded?
Devic Earth was founded in 2018. It employs 11 to 50 people.
Where is Devic Earth based?
Devic Earth is headquartered in Bengaluru, India, in the Asia region.
Who are Devic Earth's main competitors?
Direct peers on record are Heirloom Carbon Technologies, Noya, Global Thermostat, Avnos, Climeworks, 1PointFive (Carbon Engineering), Mission Zero Technologies and CarbonCapture Inc.. Octavia Carbon is listed as a regional player. Occidental Petroleum (Oxy) is listed as a broad incumbent.
Does Devic Earth have an API?
No public API is recorded for Devic Earth.
What industry is Devic Earth in?
Devic Earth's product category is Environmental Services. Its primary akta.pro industry code is EUABAFAA, Direct Air Capture (DAC) Systems & Plants, with a secondary code of EUABABAJ, Direct Air Capture (DAC) Project Development. Its SIC code is 3590.