Ucaneo raised €6.75M in a seed funding round led by Smart Energy Innovationsfonds to accelerate the development of its CO2 removal technology.
Amount Raised
€6.75 Million
Round Type
Seed
BerlinBiotechnologyRenewable EnergyEnvironmental ServicesInvestors
Description
Berlin-based climate tech startup Ucaneo has successfully raised €6.75M in seed funding to advance its cutting-edge direct air capture (DAC) technology. This capital injection will enable Ucaneo to build one of Germany’s largest DAC testing facilities and develop its first industrial-scale product.
Quick answer
Ucaneo raised €6.75 Million in a Seed round, dated September 10, 2024. Investors: Carbon Removal Partners, Grantham Environmental Trust, Plug And Play Sustainability Fund, IBB Ventures and Smart Energy Innovationsfonds. Ucaneo is based in Berlin, Berlin, Germany.
- How much did Ucaneo raise?
- Ucaneo raised €6.75 Million in a Seed round on September 10, 2024.
- Who invested in Ucaneo?
- Carbon Removal Partners, Grantham Environmental Trust, Plug And Play Sustainability Fund, IBB Ventures and Smart Energy Innovationsfonds are named as investors in this round.
- What does Ucaneo do?
- Ucaneo is a German climate tech startup focused on developing innovative CO2 removal technologies, particularly in the direct air capture (DAC) sector.
- Where is Ucaneo based and how big is it?
- Ucaneo is based in Berlin, Berlin, Germany.
- Who are the decision-makers at Ucaneo?
- Fundz holds 1 contact at Ucaneo. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Renewable Energy and Environmental Services around the same time
Companies in the same sectors as Ucaneo that raised within 45 days of this round, from Fundz verified event records.
- Octavia Carbon raised $5M (Seed) on October 16, 2024.
- FluoRok raised $10M (Funding Round) on September 27, 2024.
- Aries Clean Technologies raised an undisclosed amount (Funding Round) on July 31, 2024.
- Agomab raised $89M (Series D) on October 25, 2024.
- MelliCell raised an undisclosed amount (Seed) on October 25, 2024.
- GreenHY2 raised $432K (Seed) on October 25, 2024.
Who to call at Ucaneo, and when
A new round usually means Ucaneo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Ucaneo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ucaneo, from your own LinkedIn network
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