UP Catalyst (Seed)
Funding Details
Awarder
SemiNews
Date Award
June 12, 2024
Vertical
Carbon Materials
Funding Amount
$4,000,000
Company Info
Traction
UP Catalyst is positioned to become a transformative force in the European battery landscape by replacing fossil-based graphite with green graphite sourced from CO2 emissions. This shift could lead to a significant environmental impact by reducing CO2 emissions associated with battery manufacturing.
Founders
Gary Urb
Market
Battery Manufacturing
Location
Tallinn, Estonia
Coinvestors
Extantia, SmartCap, Sunly, Little Green Fund, Scottish Baltic Invest, UniTartu Ventures
Company Description

UP Catalyst specializes in sustainable carbon material production directly from CO2 emissions, offering a sustainable alternative source of raw materials to European battery manufacturers. Their technology aims to reduce Europe's reliance on Chinese carbon materials by producing green graphite from CO2 emissions, contributing to a more environmentally friendly battery manufacturing process.

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