2 years ago
ViridiCO2 Secures £3 Million Seed Funding to Decarbonize Chemical Industry
Southampton-based climate tech startup ViridiCO2 has raised £3 million in a seed round led by EQT Ventures
The company plans to use the funding to further develop its carbon capture technology, which aims to decarbonize the chemical industry by repurposing waste carbon dioxide into useful chemical products.
ProblemTechnology
"The chemical industry is a major polluter, producing billions of tonnes of waste carbon dioxide."
Solution
"ViridiCO2 captures waste carbon dioxide and repurposes it into useful chemical products, enabling a circular economy and reducing emissions for heavy-emitting manufacturers."