Comment on Tallinn startup bags €2.3M to turn CO2 into ‘critical’ graphite for EV batteries

Ioanna Lykiardopoulou, The Next Web
Wed, 08/21/2024 - 8:20am

Tallinn startup bags €2.3M to turn CO2 into ‘critical’ graphite for EV batteries

Up Catalyst has closed a €2.36mn seed extension round to accelerate the development of an industrial pilot reactor that turns CO2 emissions into carbon materials. According to the Tallinn-based startup, the reactor will be able to produce 100 tonnes of CO2 per year. These can deliver 27 tonnes of advanced carbon materials, such as carbon nanotubes and graphite — a key component of EV batteries.

 

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