NeoCarbon Secures €3.2M Seed Funding Led by RAISE Seed For Good to Propel Groundbreaking CO2 Removal Technology

NeoCarbon Secures €3.2M Seed Funding Led by RAISE Seed For Good to Propel Groundbreaking CO2 Removal Technology

Investment Round Led by RAISE Seed For Good:

RAISE Seed For Good has taken the lead in a funding round for NeoCarbon, with additional contributions from initial backers PT1 – Proptech1 Ventures, Speedinvest, Antler, and notable angel investors like Christian Vollmann and Matthias Gotta.

Accelerating Deployment and Development:

The secured funds will play a pivotal role in expediting the deployment and advancement of NeoCarbon’s pioneering technology.

The company aims to bring its first full-scale unit to fruition, leveraging its proprietary methods for removing CO2 efficiently from the surrounding air.

René Haas at the Helm:

Guided by René Haas, who serves as the CEO, NeoCarbon is committed to addressing climate change by harnessing existing waste heat streams from industrial sites.

The innovative approach seeks to make a significant impact in combating environmental challenges.

Milestones Achieved and Future Plans:

Established in January 2022, NeoCarbon has made substantial progress, culminating in the successful implementation of a fully autonomous demonstrator in Spring 2023.

The company is currently in the final stages of rolling out a second-generation system, slated to be operational at a customer’s site by the first quarter of 2024.

Towards a Sustainable Future:

With a focus on sustainable practices and cutting-edge technology, NeoCarbon’s endeavors align with the global pursuit of mitigating climate change.

The recent funding injection positions the company to play a crucial role in the ongoing efforts to create a more environmentally friendly and sustainable future.

TDPel Media

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