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Limenet has secured $8.2 million in funding to scale its carbon dioxide removal operations. The investment comes from CDP Venture Capital SGR and Fassa Bortolo.
PRIVATEDec 16, 2025•9 months ago
Amount Raised
$8.2 Million
Round Type
Venture - Series Unknown
MilanManufacturing
Investors
Fassa BortoloCdp Venture Capital Sgr
Description
Italian company Limenet has secured ~$8.2 million (€7 million) in new funding to scale its carbon dioxide removal operations. The funding will enable the expansion of operations and the development of a planned industrial production site in Sicily. Limenet has grown significantly in just 18 months from an idea to an operational facility. This marks a milestone in the company’s journey to tackle ocean acidity and CO2 emissions.
Company Information
Company
Limenet
Location
Milan, Lombardy, Italy
About
Limenet is an Italy-based startup focused on addressing ocean alkalinity. Founded two years ago, the company developed technology to turn CO2 into calcium bicarbonates. It has quickly advanced to operational stages, establishing one of the largest facilities for CO2 storage in seawater worldwide.
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MilanManufacturing