UP Catalyst raises €4.0M Seed round
8 December 2023· Tallinn, Estonia· materials, environmental_services, carbon_capture, nanotechnology, b2b, software_hardware
The investment will be used to expand the company's production capabilities and build an industrial pilot reactor capable of processing 100 tons of CO2 annually and producing 27 tons of carbon materials and graphite, which are critical components of an electric vehicle battery. It aims to advance its groundbreaking technology and reduce Europe's reliance on Chinese carbon materials.
Investors
LeadExtantia
Also participating
SunlyLittle Green FundScottish Baltic InvestUniTartu VenturesSmartCap
About UP Catalyst
Stage
Bridge
Headquarters
Tallinn, Estonia
Founded
2019
Team Size
21–50
Sectors
materialsenvironmental_servicescarbon_capturenanotechnologyb2bsoftware_hardware