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Carbogenics Raises $1.2 Million in Funding to Revolutionize Renewable Energy Services.

Carbogenics Raises $1.2 Million in Funding to Revolutionize Renewable Energy Services.

June 6, 2023

Edinburgh, Lothian, United Kingdom - Carbogenics, a leading company in the services for the renewable energy industry, is thrilled to announce the successful completion of its latest funding round, securing an impressive $1,237,685 in investment. The funding round attracted a diverse group of investors, including Scottish Enterprise, Old College Capital, and Green Angel Ventures, who share Carbogenics' vision for a sustainable future.

Founded by Professor Ed (艾) Craig, Carbogenics is located in Edinburgh, United Kingdom. The company has developed an innovative low-carbon technology that transforms hard-to-recycle and low-value paper waste, such as disposable paper cups and paper towels, into a range of high-value products. These products have significant applications in bioprocesses and horticulture, providing a sustainable solution to waste management and resource optimization.

Carbogenics'​ patent-pending process, based on pyrolysis, enables the production of carbon-rich solids, often referred to as biochar, along with valuable byproducts like heat, power, and biochemicals. The resulting functional carbon composites intensify bioprocesses, including anaerobic digestion and bioremediation, thereby maximizing their efficiency and environmental benefits.

"Our vision is to become a global leader in the Cleantech sector and a market leader in carbon upcycling," said Professor Ed Craig, founder of Carbogenics. "With this significant funding, we are poised to accelerate our research and development efforts, expand our market presence, and drive sustainable innovation in the renewable energy sector."

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