Phlair raised €14.5M in seed funding led by Extantia Capital to scale its innovative Direct Air Capture technology in Europe.
Amount Raised
€14.5 Million
Round Type
Seed
MunichManufacturingEnergyRenewable EnergySolarInvestors
Description
Munich-based startup Phlair has successfully raised €14.5M in seed funding to advance its hydrolyzer-based Direct Air Capture technology. The funding will help bring their Direct Air Capture plants online by 2025, targeting early customers such as Shopify and Stripe.
Quick answer
Phlair raised €14.5 Million in a Seed round, dated September 19, 2024. Investors: Unternehmer Tum Funding For Innovators, Counteract, Atlantic Labs, Verve Ventures, Planet A and Extantia Capital. Phlair is based in Munich, Bavaria, Germany.
- How much did Phlair raise?
- Phlair raised €14.5 Million in a Seed round on September 19, 2024.
- Who invested in Phlair?
- Unternehmer Tum Funding For Innovators, Counteract, Atlantic Labs, Verve Ventures, Planet A and Extantia Capital are named as investors in this round.
- What does Phlair do?
- Phlair is a Munich-based startup founded in 2022 that specializes in hydrolyzer-based Direct Air Capture (DAC) technology.
- Where is Phlair based and how big is it?
- Phlair is based in Munich, Bavaria, Germany. Fundz records about 26 employees.
- Who are the decision-makers at Phlair?
- Fundz holds 2 contacts at Phlair. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Phlair that raised within 45 days of this round, from Fundz verified event records.
- GreenHY2 raised $432K (Seed) on October 25, 2024.
- Ascent Solar Technologies raised $1.9M (Seed) on October 17, 2024.
- Perovskia Solar raised $2.4M (Seed) on September 26, 2024.
- Aptera Motors raised $200K (Seed) on August 23, 2024.
- Electra Battery Materials Corporation raised $5M (Convertible Note) on October 27, 2024.
- BURN raised $15M (Debt Financing) on October 26, 2024.
Who to call at Phlair, and when
A new round usually means Phlair is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Phlair raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Phlair, from your own LinkedIn network
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Related People
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