# ViridiCO2

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/viridico2

- Industry: Environmental Services
- Headquarters: Southampton, UK
- Website: www.viridico2.co.uk
- Total disclosed funding: $3.6M
- Latest round: Seed (Feb 16, 2023)
- Investors on record: 1

## About

Based in the UK, and founded in 2020, ViridiCO2 Ltd. operates as a carbon neutral firm that reduces carbon emissions and helps manufacturers transition towards a carbon-free environment. The company is a spin-out from the University of Southampton and was founded by its CEO, Daniel Stewart. In March 2023, ViridiCO2 Ltd. raised GBP 3 million in seed funding, led by EQT.

ViridiCO2 provides carbon capture and utilization (CCU) technology, which is a chemical technology that converts carbon dioxide into chemical products like surfactants, polymer feedstocks, and small molecules, thus eliminating the amount of greenhouse gases that are released into the atmosphere.

The company plans to use the funds raised in March 2023 to accelerate the development and commercialization of its technology.

## Funding rounds

- Seed, Feb 16, 2023, $3.6M — EQT

## Investors

- EQT (https://capitalatlas.ai/funds/eqt) — Seed