Cleantech startup Again has raised $43 million in series A funding round, with proceeds aimed at supporting its growth and build full scale decarbonization plants.
Founded in 2021, and spun out of the Danish Technical University, Copenhagen-based Again provides solutions to decarbonize heavy industry by using fermentation to turn CO2 into valuable products. The company’s technology combines CO2 captured from flue gases, and hydrogen with a biological feedstock to produce green base chemicals through a patented fermentation process. According to HV Capital, one of the lead investors, Again’s plant in Denmark already converts up to a ton of CO2 per day into essential chemicals like acetate, vital for industries such as adhesives, plastics, and cosmetics.
Content retrieved from: https://www.esgtoday.com/cleantech-startup-again-raises-43-million-to-turn-industrial-co2-emissions-into-products/.
