ViridiCO2 raises £2.2M to turn captured CO2 into chemicals
What's the deal? ViridiCO2Dealroom has a profile for this one. Try Dealroom →, a Southampton, UK-based developer of a catalyst platform that turns captured carbon dioxide into chemicals, has raised £2.2 million in early-stage funding. Odyssey VenturesDealroom has a profile for this one. Try Dealroom → led the round, with participation from TOP VenturesDealroom has a profile for this one. Try Dealroom →, Alphatron Impact Ventures, and existing angel investors.
What's the endgame? The company converts captured CO2 into a building block for products traditionally made from fossil or palm-based carbon. Its platform integrates with existing manufacturing infrastructure, with its first application focused on CO2-based surfactants for home and personal care products.
Where does the money go? ViridiCO2 plans to enhance its technology, strengthen its team, and expand commercially into Asia and the US. The company is led by chief executive officer Dr Daniel Stewart.
The signal: At £2.2 million, the round sits near the middle of comparable early-stage deals — a modest but concrete bet on carbon capture moving from emissions management toward turning CO2 into saleable goods.
Read more: finsmes.com
Image credit: americaspower
