Tech Company Financing Transactions

NeoCarbon Funding Round

PropTech1 Ventures, Speedinvest and private investors invested in a $1.3 million Seed capital raise for NeoCarbon. The round closed on 9/14/2022.

Transaction Overview

Company Name
Announced On
9/14/2022
Transaction Type
Venture Equity
Amount
$1,250,000
Round
Seed
Investors

PropTech1 Ventures (Lead Investor)

Speedinvest (Lead Investor)

Proceeds Purpose
The pre-seed round will be used for the next phase of development as NeoCarbon works on turning its current, lab-based proof of concept into a pilot prototype in a commercial facility -- hopefully early next year.

Company Information

Company Status
Private & Independent
Industry
Environmental
Mailing Address
Bouchéstraße 12 Halle 20
Berlin, 12435
Germany
Phone
Undisclosed
Email Address
Overview
NeoCarbon reverses climate change by dramatically cutting costs of Direct Air Capture leveraging cooling towers around Europe. By retrofitting existing infrastructure without impacting their original function, the time and cost needed to set up a carbon capturing system is improved by up to 10x. NeoCarbon was formed in Berlin in 2021 by René Haas and Silvain Toromanoff, two engineers passionate about ClimateTech, and is backed by Venture Capital fund Antler.
Profile
NeoCarbon LinkedIn Company Profile
Social Media
NeoCarbon Company Twitter Account
Company News
NeoCarbon News
Facebook
NeoCarbon on Facebook
YouTube
NeoCarbon on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
René Haas
  René Haas LinkedIn Profile  René Haas Twitter Account  René Haas News  René Haas on Facebook
Chief Technical Officer
Silvain Toromanoff
  Silvain Toromanoff LinkedIn Profile  Silvain Toromanoff Twitter Account  Silvain Toromanoff News  Silvain Toromanoff on Facebook
VP - R & D
Andrew Shamu
  Andrew Shamu LinkedIn Profile  Andrew Shamu Twitter Account  Andrew Shamu News  Andrew Shamu on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/14/2022: Bloom Community venture capital transaction
Next: 9/15/2022: TRiCares venture capital transaction

 

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Where The Data Comes From

Our team works diligently to document all VC transactions involving tech companies. VC investment data records reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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