UP Catalyst OÜ

Energy Storage & BatteriesSeries ATallinn, Estoniaupcatalyst.com

Latest round

Series A

Last raised

Jan 2026

Total raised

$28M

Investors

7

About UP Catalyst OÜ

Based in Tallinn, Estonia, and founded in 2019, UP Catalyst OU operates as a nanotechnology research company that produces carbon nanomaterials and graphite materials for batteries from waste CO2 using flue gases from heavy industry emitters as a feedstock. The company was Co-founded by Einer Karu (CTO), Katlin Kaare, and Ivar Kruusenberg. The green technology firm converts carbon dioxide into nanomaterials and graphite products which are used in electric car batteries, concrete, and biomedicine. The firm develops batteries and supercapacitors from carbon nanomaterials. It offers nanomaterials for paints and coatings as it improves electrical conductivity and mechanical strength. The products offered by the firm include carbon nanofibers, carbon black, multiwalled carbon nanotubes, and graphene-like carbon along with graphite and hard carbon.

Who invested in UP Catalyst OÜ

7 investors across 3 rounds

See all investors in UP Catalyst OÜ

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Jan 27, 2026

    Amount

    $21M

    Investors

    Locked

  2. Seed

    Aug 21, 2024

    Amount

    $2.6M

    Investors

    Locked

  3. Seed

    Dec 5, 2023

    Amount

    $4M

    Investors

    Locked

Questions about UP Catalyst OÜ

Who invested in UP Catalyst OÜ?

UP Catalyst OÜ has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has UP Catalyst OÜ raised?

UP Catalyst OÜ has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did UP Catalyst OÜ last raise money?

UP Catalyst OÜ's most recent round on record is a Series A, in Jan 2026.

What does UP Catalyst OÜ do?

Based in Tallinn, Estonia, and founded in 2019, UP Catalyst OU operates as a nanotechnology research company that produces carbon nanomaterials and graphite materials for batteries from waste CO2 using flue gases from heavy industry emitters as a feedstock.

Where is UP Catalyst OÜ headquartered?

UP Catalyst OÜ is headquartered in Tallinn, Estonia.

Which VCs invest in companies like UP Catalyst OÜ?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back energy storage & batteries companies at UP Catalyst OÜ's stage. Their profiles are linked below.

Raising like UP Catalyst OÜ? Find the right VCs.

Capital Atlas matches your startup to active investors by stage, sector and region.

Free to start. Upgrade when you're ready to reach out.