Viridi Secures £2.2M to Scale CO2-to-Chemicals Technology
What happened
Viridi secured £2.2 million to scale its catalytic technology that converts captured carbon dioxide into sustainable chemical ingredients. The investment round was led by Odyssey Ventures and included TOP Ventures, the corporate venture capital arm of Thaioil. TOP Ventures joined the round to support Viridi’s expansion into Asian markets.
From dailyecho.co.uk
Why it matters
Viridi's technology uses captured CO2 as a feedstock to replace fossil or palm-based carbon in chemical manufacturing. This investment supports the scaling of the platform, which is initially targeted at producing CO2-based surfactants.
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From dailyecho.co.uk
Who's involved
- Daniel StewartCEO of Viridi, who noted the strategic validation of the company's technology.