In a bid to reduce carbon emissions, startup Turnover Labs has raised $1.4 million in pre-seed funding to develop a game-changing technology that converts waste carbon dioxide into valuable chemicals. The innovative approach, born out of founder Marissa Beatty's doctoral research, aims to revolutionize the petrochemical industry by reusing CO2 on-site, eliminating the need for costly capture, transport, and storage.

Turnover Labs's technology utilizes electrolyzers to transform CO2 into carbon monoxide, a key ingredient in various petrochemical reactions. By improving the durability of electrolyzers, the startup can filter out impurities and reuse waste CO2, reducing emissions and costs for petrochemical plants.

The funding, led by GC Ventures and Pace Venture, will enable Turnover Labs to expand its team, simulate and test its technology, and iterate towards a robust solution. With its sights set on the industrial sector, Turnover Labs is poised to make a significant impact on the environment and the bottom line of petrochemical companies.