UP Catalyst

Tartu, Estonia · Founded 2019 · $6.9M raised

Headquarters
Tartu
Founded
2019
Business Model
B2B
Total Funding
$6.9M
Last Round
$2.6M Extension RoundAug 2024
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

UP Catalyst transforms CO₂-rich flue gases from biogenic and hard-to-abate sources into carbon materials using its proprietary Molten Salt Carbon Capture and Electrochemical Transformation technology. Its process produces renewable carbon nanotubes and battery-grade graphite, providing a locally produced alternative to heavily imported critical raw materials.

Summary

UP Catalyst is a Climate Tech company based in Tartu, Estonia, founded in 2019. It has raised $6.9M in total across 2 rounds, most recently a $2.6M Extension Round in Aug 2024. Investors include SmartCap, European Investment Bank and Contrarian Ventures.

Tech & App Stack

3 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

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Funding History

Debt FinancingDebt FinancingApr 2025
$19.8M

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Funding: Seed through Extension Round. Amounts, valuations, and investors where available.

Investors

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