Dunia.ai Gains $11.5M for Fuel Sustainability

Dunia Innovations has raised $11.5 million in funding to advance its mission in low-carbon fuels and chemicals.

• Innovative Approach: Founded in 2022, Dunia combines AI algorithms with a self-driving lab to accelerate material discovery.

• Focus on Sustainability: The company specializes in power-to-x electrocatalysts for green hydrogen and ammonia, as well as CO2 conversion.

• Market Opportunity: Catalysts are crucial for 90% of chemical processes, with the global electrochemical technologies market projected to reach $1.5 trillion by 2050.

• Speeding Up Discovery: Dunia aims to reduce R&D timelines from decades to under three years through advanced workflows and quantum chemistry.

• Investors: Funding was co-led by Elaia and redalpine, with participation from EIC, Pace Ventures, Kindred Capital, Deep Science Ventures, and Anglo American.

Dunia is leading in sustainable innovation, positioning itself at the forefront of a trillion-dollar market opportunity for a greener future.