Tech Company Financing Transactions
UP Catalyst Funding Round
On 12/5/2023, UP Catalyst raised $4.3 million in investment from Extantia Capital, Smartcap and Little Green Fund.
Transaction Overview
Company Name
Announced On
12/5/2023
Transaction Type
Venture Equity
Amount
$4,321,000
Round
Undisclosed
Investors
Extantia Capital (Lead Investor)
Smartcap (Lead Investor)
Proceeds Purpose
The company intends to use the funds to scale up their local production of carbon materials and graphite derived from CO2 emissions, offering a sustainable alternative source of raw materials to European battery manufacturers. With the funding, UP Catalyst will build an industrial pilot reactor capable of processing 100 tons of CO2 annually and producing 27 tons of carbon materials.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
Akadeemia tee 23
Tallinn, 12618
Estonia
Tallinn, 12618
Estonia
Phone
Website
Email Address
Overview
We do things differently. Our idea grew out of the pain we had as researchers -- to give the unwanted waste product a green purpose. We are driven to shift demand towards sustainable and locally sourced carbon materials.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gary URB
Chief Technical Officer
Einar Karu
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