# Paebbl

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/paebbl

- Industry: Environmental Services
- Headquarters: Stockholm, Sweden
- Website: www.paebbl.com
- Total disclosed funding: $33M
- Latest round: Series A (Oct 9, 2024)
- Investors on record: 7

## About

Founded in 2021 by its Co-CEOs, Marta Sjögren, Andreas Saari, CTO, Pol Knops, and Executive Chairwoman, Jane Walerud, and based in Stockholm, Sweden, Paebbl AB, operates as a developer of re-storing technology that converts collected carbon into industrial raw materials. In October 2022, Paebbl AB, raised EUR 8 million in seed funding from investors 2050, Pale Blue Dot, The Grantham Foundation, and Walerud Ventures.

The company offers modular technology that integrates into carbon capture systems, helps in the storage of carbon dioxide, and delivers a carbon-negative and climate-positive raw material. The company installs on-site CO2 mineralization units used for converting carbon dioxide into stone.

The company plans to use the October 2022 funding to promote its carbon-negative building material for sale.

## Funding rounds

- Series A, Oct 9, 2024, $25M — Capnamic, Amazon, Pale Blue Dot, Holcim Ltd
- Seed, Oct 25, 2022, $7.9M — Grantham Foundation, Walerud Ventures, Pale Blue Dot, 2050

## Investors

- Grantham Foundation — Seed
- Walerud Ventures (https://capitalatlas.ai/funds/walerud-ventures) — Seed
- Pale Blue Dot (https://capitalatlas.ai/funds/pale-blue-dot) — Seed, Series A
- 2050 (https://capitalatlas.ai/funds/2050) — Seed
- Capnamic (https://capitalatlas.ai/funds/capnamic) — Series A
- Amazon (https://capitalatlas.ai/funds/amazon) — Series A
- Holcim Ltd — Series A