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A German company has secured 20 million euros in funding to build the world's first homogeneous catalysis methanol demonstration plant.

Specialized Plastic Compilation 2025-03-24 11:07:06

C1 Green Chemicals AGis a clean tech innovation company headquartered in Berlin, founded in 2022, focusing on developing climate-friendly chemical production processes. The company redesigns chemical reactions through quantum chemistry technology, innovating traditional processes from the atomic level to production scale.

Recently, the company announced that it has successfully raised 20 million euros in funding to advance its catalytic technology for methanol production. The company will use these funds to expand the team and build the world's first homogeneous catalysis methanol demonstration plant.

AI drawing

C1's process can utilize dispersed non-fossil raw materials to produce high-purity green methanol on a large scale under low pressure and low-temperature conditions, offering greater flexibility and economic feasibility compared to traditional methods. The technology locks carbon in a continuous cycle, preventing additional CO2 emissions, and helps industries such as shipping and chemical manufacturing achieve net-zero emissions. Currently, the company operates a pilot plant in Leuna, Germany.
 
In the total fundraising amount, 15 million euros came from investors such as denkapparat (the family office of think-cell founders Markus Hannebauer and Arno Schödl). Planet A Ventures, Maersk Growth, SquareOne, former Linde CEO Wolfgang Reitzle, and Siemens Chairman Jim Hagemann Snabe also participated in this round of investment. Additionally, 5 million euros came from research grants.
 
C1 has collaborated with CreativeQuantum and the Leibniz Institute for Catalysis (LIKAT) to develop proprietary homogeneous catalytic technology for methanol production.

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