Ventrix Labs is building a CO2 supply chain from local waste gases

The Imperial College spinout, backed by Undaunted and 776, is betting on decentralized carbon capture to cut transport costs.

About Ventrix Labs

Published

The most expensive part of capturing carbon dioxide is often not the capture itself, but the journey. The gas is heavy, inert, and stubbornly uneconomical to move in small batches. So the industrial world has settled on a centralized model: big emitters, big pipelines, big storage sites. It works, but it leaves a lot of carbon on the table, wafting out of smaller, distributed sources like city wastewater plants or food processing facilities.

Ventrix Labs, a London-based spinout from Imperial College, is betting there is a better way. The company is developing a decentralized CO2 supply chain, aiming to convert local waste gases into low-cost, circular CO2 sources for carbon removal projects [Perplexity Sonar Pro Brief, 2025]. The pitch is simple: capture it where it's made, clean it up, and sell it to nearby buyers who need CO2, avoiding the pipeline altogether.

The bet on distributed capture

For Ventrix, the unit economics hinge on proximity. The company's model, which reportedly accelerates carbon capture using existing building infrastructure [Crunchbase], targets the vast middle layer of emissions that are too small for a dedicated pipeline but collectively significant. The potential prize is large. The company claims its approach could unlock 1.2 gigatonnes of storage opportunities in cities and industries [Perplexity Sonar Pro Brief, 2025]. That is a theoretical ceiling, of course, but it points to the scale of diffuse emissions currently written off as too hard to handle.

The founding team, which met during Imperial College London’s climate tech innovation competition, reflects the academic and technical roots of the project [Blue Earth Summit, 2025]. Co-founder Yuchen Cai is the public face, with a team that includes Sonny Kong and Eric Lun according to LinkedIn profiles [Sonny Kong LinkedIn, 2026] [Eric Lun LinkedIn, 2026]. They emerged from The Greenhouse accelerator at Imperial and earned a nod from the MIT Climate and Energy Prize in 2025, a classic early signal for deep-tech concepts looking for commercial legs [Imperial College London].

Funding and the path to proof

To date, the company's financial runway appears lean. Verified sources point to a single, modest funding round totaling $25,300, with backers including Imperial's Undaunted initiative and Alexis Ohanian's 776 Foundation [Perplexity Sonar Pro Brief, 2025]. One unverified estimate places the company's annual revenue at $770,000 and its valuation at $2.5 million, but these figures should be treated with caution as they come from a single, non-primary source [Perplexity Sonar Pro Brief, 2025]. The table below summarizes the known financial position.

Metric Figure Notes
Disclosed Funding $25,300 Seed round; investors include Undaunted, 776 Foundation [Perplexity Sonar Pro Brief, 2025]
Estimated Annual Revenue $770,000 (estimated) Unverified third-party estimate [Perplexity Sonar Pro Brief, 2025]
Estimated Valuation $2.5M (estimated) Unverified third-party estimate [Perplexity Sonar Pro Brief, 2025]

This level of capital suggests the company is in a prototyping or very early pilot phase. There are no publicly disclosed customers, deployments, or major partnerships, and the company has not been covered by mainstream tech or climate press. The next twelve months will be about moving from prize recognition to a working unit in the field.

The incumbent to beat

The obvious counter-bet is that centralized infrastructure, once built, will always have a cost advantage through sheer scale. Companies like Carbon Engineering (now part of Occidental) have spent a decade and hundreds of millions of dollars proving out large-scale direct air capture, banking on the economies of massive plants. For a distributed model to win, Ventrix must prove that the savings on transport and the utilization of otherwise stranded assets outweigh the lost economies of scale.

A back-of-the-envelope calculation illustrates the hurdle. Moving CO2 by truck can cost $50-$150 per ton, depending on distance. If a Ventrix module can capture and purify CO2 from a local source for, say, $80 per ton and sell it to a nearby greenhouse or concrete plant for $120, the math works only if the alternative centralized supply costs more than $120 once transport is added. Beating the incumbent means not just capturing the gas, but doing it at a cost that makes the localized premium disappear.

Ventrix Labs is not trying to out-muscle a Carbon Engineering plant. It is trying to serve the markets those plants will never reach. Its success depends on proving that small-scale, modular carbon capture can achieve unit economics that make sense for a brewery, a wastewater facility, or a small industrial park. If they can, they won't just be capturing CO2. They'll be capturing the value left behind by the giants.

Sources

  1. [Perplexity Sonar Pro Brief, 2025] Ventrix Labs company brief | https://www.perplexity.ai/
  2. [Crunchbase] Ventrix Labs - Crunchbase Company Profile & Funding | https://www.crunchbase.com/organization/ventrix-labs
  3. [Blue Earth Summit, 2025] Ventrix Labs | 2025 | Be100 | Blue Earth Summit | https://blueearthsummit.com/be100/2025/ventrix-labs
  4. [Imperial College London] The future of climate innovation: meet The Greenhouse Cohort 7 | Imperial News | Imperial College London | https://www.imperial.ac.uk/news/254413/the-future-climate-innovation-meet-the/
  5. [Sonny Kong LinkedIn, 2026] Sonny Kong - Ventrix Labs | LinkedIn | https://www.linkedin.com/in/sonnykong/
  6. [Eric Lun LinkedIn, 2026] Eric Lun - United Kingdom | Professional Profile | LinkedIn | https://www.linkedin.com/in/eric-lun-a71a23269/

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