UP Catalyst Secures $4.3 Million in Seed Funding

The investment will be used to expand the company’s production capabilities.

December 8, 2023

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UP Catalyst, a producer of sustainable carbon nanomaterials and graphite, closed a €4 million (~$4.31 million) seed investment round led by Berlin-based climate tech VC fund Extantia and supported by Estonia’s state fund SmartCap, along with existing investors Sunly, Little Green Fund, Scottish Baltic Invest, and UniTartu Ventures.

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