# Ucaneo Biotech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ucaneo-biotech

- Industry: Environmental Services
- Headquarters: Berlin, Germany
- Website: www.ucaneo.com
- Latest round: Seed (Mar 2, 2025)
- Investors on record: 8

## About

Founded in 2022 and based in Berlin, Germany, Ucaneo Biotech GmbH operates as a provider of direct air capture (DAC) technologies. The company was founded by its CEO, Florian Tiller, and CTO, Carla Glassl. In September 2024, Ucaneo Biotech GmbH received grant funding from unspecified investors. The funding was part of a larger USD 6.75 million seed and grant round.

Ucaneo offers biomimetic direct air capture technology, which is an electrochemical technology that removes carbon dioxide (CO2) from the air. The company’s DAC units capture CO2 from the air using an energy-efficient process that involves dissolving CO2 as bicarbonates. The company produces high-quality carbon credits, which can help companies offset their carbon emissions.

The company plans to utilize the September 2024 funding raised to accelerate the formation of the largest DAC testing and development facilities across Germany and develop its first industrial product to remove 0.5 GT of CO2 from the air by 2035.

## Funding rounds

- Seed, Mar 2, 2025 — Aramco Ventures
- Seed, Sep 10, 2024 — IBB Ventures, Plug and Play, Nucleus Capital, Carbon Removal Partners, Smart Energy Innovation Fund, Apprecia Capital, Neglected Climate Opportunities

## Investors

- IBB Ventures (https://capitalatlas.ai/funds/ibb-ventures) — Seed
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Nucleus Capital (https://capitalatlas.ai/funds/nucleus-capital) — Seed
- Carbon Removal Partners (https://capitalatlas.ai/funds/carbon-removal-partners) — Seed
- Smart Energy Innovation Fund (https://capitalatlas.ai/funds/smart-energy-innovation-fund) — Seed
- Apprecia Capital (https://capitalatlas.ai/funds/apprecia-capital) — Seed
- Neglected Climate Opportunities (https://capitalatlas.ai/funds/neglected-climate-opportunities) — Seed
- Aramco Ventures (https://capitalatlas.ai/funds/aramco-ventures) — Seed