Italian Startup Carpecarbon To Design Dac Plant After €1.7M Funding Round
Nov 15, 2023•about 2 years ago
Amount Raised
€1.7 Million
Round Type
seed
Investors
Piemonte Next Co Investment FundClub Degli Investitori Network360 CapitalCdp Venture Capital’s Tech4 Planet InitiativeGreenlyte Carbon Technologies
Description
CarpeCarbon, a Turin-based climatetech startup, has raised €1.7 million in a Pre-Seed funding round. Similar to Germany's Greenlyte Carbon Technologies, CarpeCarbon is the first Italian outfit working on technologies that use Direct Air Capture to remove CO² from the atmosphere and store it safely underground, and intends to use the investment to design the first Italian DAC plant in Piedmont
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers