UP Catalyst Secures Additional €2.3 Million to Accelerate Scale-up of Battery Raw Material Production from CO2 Emissions
Amid escalating global tensions and supply chain disruptions threatening the availability of critical raw materials for the battery value chain in the US and the EU, UP Catalyst’s breakthrough offers a sustainable solution to meet the growing global demand for battery-grade graphite and carbon nanomaterials. UP Catalyst, a pioneer in sustainable carbon material production directly from CO2 emissions, has successfully closed a €2.36 million seed extension round. This follows the initial seed round raised last December which amounted to €4 million, bringing the total seed funding to €6.36 million. The funding round saw equal participation from Warsaw Equity Group,…