# Cool Planet Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cool-planet-technologies

- Industry: Environmental Services
- Headquarters: Guildford, UK
- Website: www.coolplanettech.com/
- Total disclosed funding: $28M
- Latest round: Series A (Jul 3, 2024)
- Investors on record: 6

## About

Based in Guildford, UK, and founded in 2019, Cool Planet Technologies operates as an environmental service provider that offers carbon capture solutions to corporates to meet their net-zero targets. In September 2022 Cool Planet Technologies completed a €3 million fund raise from three blue-chip investors -- eni next, Audacy Ventures, and Neva SGR.

The company provides services that can help companies to capture carbon they produced during manufacturing process. Its core technology is developed from a membrane-based process called "PolyActive", that aims for the large-scale capture of carbon dioxide from industrial flue gas emissions. The technology is developed by Helmholtz-Zentrum Hereon, part of Germany’s largest research organisation. Such technology can be applicable to configure from capturing a few thousand to multi-millions of tonnes of CO2 per annum (tpa), and will be flexible enough to growing start-ups to meet their ESG targets.

## Funding rounds

- Series A, Jul 3, 2024, $25M — Neva, Eni Next, Audacy Ventures, CRH Ventures, BlueScopeX, Taranis Investment
- Series A, Sep 1, 2022, $3.1M — Neva, Eni Next, Audacy Ventures

## Investors

- Neva (https://capitalatlas.ai/funds/neva) — Series A
- Eni Next (https://capitalatlas.ai/funds/eni-next) — Series A
- Audacy Ventures (https://capitalatlas.ai/funds/audacy-ventures) — Series A
- CRH Ventures (https://capitalatlas.ai/funds/crh-ventures) — Series A
- BlueScopeX (https://capitalatlas.ai/funds/bluescopex) — Series A
- Taranis Investment (https://capitalatlas.ai/funds/taranis-investment) — Series A