Berlin -based Clintke Startup C1 Green Chemicals AG Its innovative green methane catalysis technology has successfully secured $ 20 million in fresh capital to bring to market.
Among the total capitals raised, $ 1 million investors have come from the growth of capital, led by Denkaparat, the Family Office of Think-Cell founder Marcus Hanbour and Arno Shadl. Planet A Ventures, Merke Growth, Square, Professor Wolfgang Ritzal (former CEO of Lind) and Jim Hegman Snube (Chairman of Siemens) and Funds participated in the round round. The remaining 5 million dollars come from approved research grants.
“Two elements are important for successful commercialization of scientific innovation: talent and capital. We are glad that we have great access to both elements in C1“, Comment ChristianC1 Green Chemicals AG’s CEO.
Established in 2022, the C1 develops climate-friendly chemical production processes that address the chemical reactions in all ways from the nuclear layer to production scale. The first innovation of spinning out of their quantum-rayon platform is a novel, owned by the Methane Catalisis.
This technology disrupts a ”The process of producing centuries old chemicals“And enables non-life-threatening feedstocks to produce their green methane.
C1 believes that the green methane will play an important role in the deficiency of the carbon-based chemical industry and has become an alternative fuel for net-zero shipping.
According to the C1, the green methane market is expected to rise to about $ 183 billion every year by 2050. As a result, the chances of preserving CO2 are several gigatons per year (several percent of the current Global CO2 emissions).
Shipping, Aircraft and Carbon-based chemical production: Green methane can be used to distort three main industries. At the same time, the use of this round raw material significantly reduces dependence on foreign companies and strengthens the elasticity of the industry.
“At C1, everything is perfectly integrated into: Cutting-Ez research to a team of realistic technical and commercial skills, with an obvious aspect of environmentally and commercially significant issues, an obvious aspect. This is exact profile that we are looking for as an entrepreneur investor. It was immediately clear that we would lead in this round“, Say Marcus From Denkaparat.
Will use the capital raised to C1 “The world’s first demonstre“Preparations for this are already underway, this year will begin.
C1 recently appointed experienced chemists, chemical engineers and project managers of establishments such as Linde, BASF, Claint, Shell and Tesla.
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