November 11, 2025 – Boston, MA – Caldwell advised MOL Switch LLC on its investment in Vycarb, a Brooklyn-based technology company developing scalable, fully measured CO₂ capture, removal, and storage solutions.
The deal was led by Corporate Partner & Global Director Marcus Wolter and Associate Takahiro Miyazaki, with support from Counsel Mario Polito and Associate Dan O'Brien. Advice on intellectual property and technology matters was provided by IP Counsel Anita Shaw.
Founded in 2022, Vycarb is pioneering a water-based carbon capture platform that converts CO₂ into stable bicarbonate in natural waters. The company's system enables on-site, measurable carbon storage and features an autonomous sensor capable of monitoring the full water carbon system in real time, allowing safe, permanent carbon sequestration in aquatic environments. Vycarb's pilot on New York's East River already captures 100 tonnes of CO₂ annually, with plans to scale across industrial applications.
MOL Switch LLC, recently ranked 6th globally by PitchBook for energy sector investments, continues to play a leading role in advancing innovation across the energy transition landscape.
"MOL Switch's investment in Vycarb represents a strategic step toward advancing sustainable carbon capture and storage technologies," said Marcus Wolter, Partner at Caldwell. "Vycarb's innovative water-based system aligns with MOL Switch's broader commitment to decarbonization and environmental innovation. We are proud to have supported MOL Switch in this important transaction, through our AI-powered legal platform, we navigated the transaction efficiently and with exceptional clarity, ensuring a successful outcome for all parties."