Tech Company Financing Transactions
Greenlyte Carbon Technologies Funding Round
Greenlyte Carbon Technologies, based in Essen, secured $4.9 million from private investors.
Transaction Overview
Company Name
Announced On
6/27/2023
Transaction Type
Venture Equity
Amount
$4,912,000
Round
Seed
Investors
private investors (Lead Investor) (Hendrik Brandis)
Proceeds Purpose
Greenlyte Carbon Technologies is developing low-cost, robust Direct Air Capture technology that captures CO2 at world-leading energy rates whilst supplying hydrogen as a by-product.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
Alfedstraße 81
Essen, 45130
DE
Essen, 45130
DE
Phone
Undisclosed
Website
Email Address
Overview
GCT was founded as a university spin-out by two serial entrepreneurs and an experienced DAC researcher, based on 15 years of research. The company is located in Essen -- the heart of industrial Germany -- and is surrounded by leading technical universities as well as global chemical, industrial, and energy giants.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Florian Hildebrand
Chief Scientific Officer
Peter Behr
Chief Technical Officer
Niklas Friederichsen
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