Tech Company Financing Transactions

Ucaneo Funding Round

Ucaneo, operating out of Berlin, secured $7.5 million from IBB Ventures, Smart Energy Innovation Fund and Carbon Removal Partners.

Transaction Overview

Company Name
Announced On
9/12/2024
Transaction Type
Debt
Venture Equity
Amount
$7,500,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to build one of the largest DAC testing and development facilities in Germany as well as develop its first industrial product supporting its mission to remove 0.5 GT of CO2 from the air by 2035.

Company Information

Company Status
Private & Independent
Industry
Environmental
Mailing Address
Schwarze-Pumpe-Weg 16
Berlin, 12681
Germany
Phone
Undisclosed
Email Address
Overview
Ucaneo develops a pioneering biomimetic Direct Air Capture technology. We believe that the most efficient way to restore a healthy atmosphere at these low CO2 concentrations, can be found at one of nature's greatest miracles: the human lung.
Profile
Ucaneo LinkedIn Company Profile
Social Media
Ucaneo Company Twitter Account
Company News
Ucaneo News
Facebook
Ucaneo on Facebook
YouTube
Ucaneo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Florian Tiller
  Florian Tiller LinkedIn Profile  Florian Tiller Twitter Account  Florian Tiller News  Florian Tiller on Facebook
Chief Technical Officer
Carla Glassl
  Carla Glassl LinkedIn Profile  Carla Glassl Twitter Account  Carla Glassl News  Carla Glassl on Facebook
VP - Product Management
Hanna-Maija Hiltunen
  Hanna-Maija Hiltunen LinkedIn Profile  Hanna-Maija Hiltunen Twitter Account  Hanna-Maija Hiltunen News  Hanna-Maija Hiltunen on Facebook


 

 

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