ViridiCO2 Ltd. Secures $3,557,000 Seed Funding to Transform Waste Carbon Dioxide into High-Value Products.
March 14, 2023
GREATER SOUTHAMPTON AREA, UNITED KINGDOM (March 13th, 2023) – ViridiCO2 Ltd., a chemical manufacturing company, has secured $3,557,000 in seed funding from EQT Ventures for the development of products that convert waste carbon dioxide into high-value products.
ViridiCO2’s solutions enable chemical manufacturers and foundation industries to transform their carbon dioxide waste streams into valuable chemicals such as methanol and ethylene glycol which can be used in consumer goods and industrial processes. The company’s technology is designed to reduce energy consumption while increasing the efficiency and productivity of these processes.
Daniel Stewart, Co-Founder of ViridiCO2 commented on the news: “We are thrilled to have EQT Ventures join us in our mission to reduce emissions and create a more sustainable future for chemical manufacturing industries around the world. By transforming waste carbon dioxide into valuable products, we can make an impact beyond reducing greenhouse gas pollution – we can also help companies become more environmentally conscious.