logo
logo

Greenlyte Carbon Technologies secured €10.5M in a Pre Series A round to develop a direct air capture system for CO2 removal and hydrogen production.

Greenlyte Carbon Technologies secured €10.5M in a Pre Series A round to develop a direct air capture system for CO2 removal and hydrogen production.

03/06/24, 10:28 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/DE.svggermany
Money raised
€10.5 million
Industry
manufacturing
energy
Round Type
series a
Investors
Partech, Dr. Udo Jung, Carbon Removal Partners, Green Generation Fund, Earlybird Venture Capital
Greenlyte Carbon Technologies (GCT) announced the closing of a €10.5 million Pre Series A round. The funding will be used to grow the team, perform technology development and deployment, accelerate scaling, and drive down costs. The round is a proof of the company's ambition to build a global DAC champion fast.

Company Info

Company
Greenlyte Carbon Technology
Location
germany
Additional Info
Greenlyte Carbon Technologies (GCT) is a Direct Air Capture startup specializing in removing CO2 from the atmosphere using a liquid-sorbent solution and producing hydrogen as a byproduct.

Related People