📝 D-CRBN raises $20M

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Belgian deep-tech startup D-CRBN has closed a $20 million Series A funding round to advance the industrial scale-up of its proprietary electrified plasma technology, which recycles carbon dioxide and hydrocarbons into essential circular molecules like carbon monoxide and syngas. Led by cleantech investor Astaia with ongoing backing from the Federal Holding and Investment Company (SFPIM) and the European Innovation Council (EIC) Fund, the Antwerp-based University of Antwerp spin-off has also opened a parallel secondary closing of up to $6 million specifically for strategic industrial partners. Founded in 2021 by Gill Scheltjens, David Ziegler, Georgi Trenchev, and Annemie Bogaerts, the company utilizes renewable electricity to break down greenhouse gases without generating unwanted byproducts like carbon black, offering a modular, containerized carbon capture and utilization solution that integrates directly into existing manufacturing infrastructure. Having already validated its plasma reactors through pilot projects alongside major European steel and chemical producers at the Port of Antwerp-Bruges, D-CRBN will deploy the capital injection to expand its engineering teams and deploy its first full-scale industrial demonstration units, paving a scalable, non-fossil path forward for heavy industry decarbonization and localized chemical feedstock security.

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