Dr Vlatko Materic is the founder and CTO of Hot Lime Labs, a Carbon Capture and Utilisation (CCU) company with a technology to supply hydroponic greenhouses with clean CO₂ recovered from biomass waste combustion of biochar making off-gases. Hot Lime Labs believes that the high economic value-add of clean CO₂ to the greenhouse industry combined with the carbon-negative potential of Biochar can generate a powerful carbon cascade i.e. an economically self-sustaining carbon sink capable of absorbing millions of tonnes of CO₂.
This led him to find an early market niche for growing the technology - the vast global hydroponic greeenhouse industry, which routinely uses fossil based CO₂ to feed their plants and increase yields by 15-20%. With the match between market and technology found , Vlatko started Hot Lime Labs in 2017 to take the technology to Market. 5 years of intense growth later, with a successful pilot in hand, the company is completing the first commercial demonstration unit for Gourmet Mokai in Taupo, NZ, and is preparing for a technology rollout in NZ and the EU in 2023.