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.
Amount Raised
€10.5 Million
Round Type
Pre-Series A
GermanyManufacturingEnergyInvestors
Description
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.
Quick answer
Greenlyte Carbon Technology raised €10.5 Million in a Pre-Series A round, dated March 6, 2024. Investors: Partech, Dr. Udo Jung, Carbon Removal Partners, Green Generation Fund and Earlybird Venture Capital. Greenlyte Carbon Technology is based in Germany.
- How much did Greenlyte Carbon Technology raise?
- Greenlyte Carbon Technology raised €10.5 Million in a Pre-Series A round on March 6, 2024.
- Who invested in Greenlyte Carbon Technology?
- Partech, Dr. Udo Jung, Carbon Removal Partners, Green Generation Fund and Earlybird Venture Capital are named as investors in this round.
- What does Greenlyte Carbon Technology do?
- 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.
- Where is Greenlyte Carbon Technology based and how big is it?
- Greenlyte Carbon Technology is based in Germany.
- Who are the decision-makers at Greenlyte Carbon Technology?
- Fundz holds 1 contact at Greenlyte Carbon Technology. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Manufacturing around the same time
Companies in the same sectors as Greenlyte Carbon Technology that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1B (Funding Round) on March 25, 2024.
- RAVEN SR raised $15M on April 2, 2024.
- Endolith raised $5.3M on March 21, 2024.
- Blue Laser Fusion raised $38M (Seed) on March 20, 2024.
- Pure Lithium Corp raised $15M (Series A) on March 15, 2024.
- Carbonova raised $6M (Convertible Note) on March 13, 2024.
Who to call at Greenlyte Carbon Technology, and when
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- An alert the day Greenlyte Carbon Technology raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Related People
Greenlyte Carbon Technology raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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