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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•6 months ago

Amount Raised

$8.2 Million

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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Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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