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Start Up Energy Transition (SET)

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๐‘ป๐’๐’…๐’‚๐’š ๐’๐’ #SET100 ๐‘บ๐’‘๐’๐’•๐’๐’Š๐’ˆ๐’‰๐’•: Tallinnโ€™s UP Catalyst just secured an extra โ‚ฌ2.36Mโ€”like fueling a rocket just before launch, this funding is set to propel them to new heights! ๐Ÿš€ With backing from Warsaw Equity Group and SmartCap, theyโ€™ve raised โ‚ฌ6.36M in total, all to tackle one of the worldโ€™s biggest challenges: CO2 emissions. ๐ŸŒ ๐‘พ๐’‰๐’š ๐’”๐’‰๐’๐’–๐’๐’… ๐’š๐’๐’– ๐’„๐’‚๐’“๐’†? โšก UP Catalyst is pioneering an innovative solutionโ€”turning CO2 emissions into sustainable carbon materials for the battery value chain. Their carbon materials for EV batteries have a carbon footprint 20x lower than conventional graphite production. By 2030, the EU will need 3M tons of these materials, and UP Catalyst is ready to meet that demand! ๐ŸŒฑ With a new industrial pilot reactor underway, theyโ€™re set to process 100 tons of CO2 annually, proving that where others see a problem, they see potential. ๐Ÿ”Ž More on this funding round ๐Ÿ‘‰
Tallinn-based UP Catalyst bags extra โ‚ฌ2.3 million to offer a sustainable solution for the battery value chain | EU-Startups

Tallinn-based UP Catalyst bags extra โ‚ฌ2.3 million to offer a sustainable solution for the battery value chain | EU-Startups

UP Catalyst, a pioneer in sustainable carbon material production directly from CO2 emissions, has successfully closed a โ‚ฌ2.36 million seed extension

https://www.eu-startups.com/2024/08/tallinn-based-up-catalyst-bags-extra-e2-3-million-to-offer-a-sustainable-solution-for-the-battery-value-chain/

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๐Ÿ”Ž Curious about #cleantech startups leading the #climateaction charge? Check out the #SET100 database ๐Ÿ‘‰
https://www.startup-energy-transition.com/set100-database/
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