UP Catalyst turns waste CO2 into carbon nanomaterials and graphite for batteries and other uses.
Founded in 2019, UP Catalyst converts carbon dioxide from heavy industry flue gases into carbon nanomaterials and graphite products used in batteries, concrete and biomedicine. It also develops batteries, supercapacitors and materials for paints and coatings. The company is based in Tallinn, Estonia, and was co-founded by Einer Karu, Katlin Kaare and Ivar Kruusenberg. In April 2022, it raised EUR 500,000 in pre-seed funding led by Sunly, Little Green Fund, Scottish Baltic Invest and UniTartu Ventures.
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