{"id":103032,"date":"2024-06-28T12:15:34","date_gmt":"2024-06-28T10:15:34","guid":{"rendered":"https:\/\/www.immo-invest.ch\/69-millionen-dollar-fuer-co2-speicherungstechnologie-gesichert\/"},"modified":"2024-06-28T14:27:56","modified_gmt":"2024-06-28T12:27:56","slug":"69-millionen-dollar-fuer-co2-speicherungstechnologie-gesichert","status":"publish","type":"post","link":"https:\/\/www.immo-invest.ch\/en\/69-millionen-dollar-fuer-co2-speicherungstechnologie-gesichert\/","title":{"rendered":"69 million dollars secured for CO2 storage technology"},"content":{"rendered":"

Neustark<\/a> has secured financing totalling 69 million dollars. According to a press release, the ClimateTech company from Bern was supported by the Decarbonisation Partners financing fund, a partnership between BlackRock<\/a> and Temasek<\/a>, with the backing of Blume Equity<\/a>. UBS initiated debt financing. Existing financiers Siemens Financial Services<\/a>, Verve Ventures<\/a>, ACE Ventures<\/a> and Holcim<\/a> also participated in the new capital round.<\/p>\n

Neustark intends to use the acquired funds to strengthen its position in Europe and gain new markets in America and Asia.<\/p>\n

Neustark, a spin-off from the Swiss Federal Institute of Technology in Zurich(ETH<\/a>), has developed a process in which CO2 is converted into limestone, which is bound to the pores and surface of the concrete granulate. The carbonated granulate can then be used in road construction or for the production of recycled concrete. According to the company, Neustark currently operates 19 plants with this technology in Germany, Liechtenstein, Austria and Switzerland. The company aims to store 1 million tonnes of carbon dioxide from the air by 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"

The ClimateTech company Neustark has secured financing totalling 69 million dollars. The company intends to use the fresh capital to expand in Europe, America and Asia.<\/p>\n","protected":false},"author":2,"featured_media":44366,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":"0","_surecart_dashboard_logo_width":"180px","_surecart_dashboard_show_logo":true,"_surecart_dashboard_navigation_orders":true,"_surecart_dashboard_navigation_invoices":true,"_surecart_dashboard_navigation_subscriptions":true,"_surecart_dashboard_navigation_downloads":true,"_surecart_dashboard_navigation_billing":true,"_surecart_dashboard_navigation_account":true,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[12481,12476,22698],"tags":[47733,45814,12834,13701,47734,21652,42669,13598,15738],"class_list":["post-103032","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-en","category-immonews","category-sustainability","tag-betongranulat-en","tag-co2-reduktion-2-en","tag-finanzierung-en","tag-fonds-en","tag-kalkstein-en","tag-partnerschaft-en","tag-recyclingbeton-en","tag-strassenbau-en","tag-technik-en","pmpro-has-access"],"acf":{"bild_mit_ki_erstellt_worden":[],"lead":"The ClimateTech company Neustark has secured financing totalling 69 million dollars. The company intends to use the fresh capital to expand in Europe, America and Asia.","autor":"ce\/ww","ort":"Bern ","bildunterschrift":"","zusammenfassung":"","bild_im_grid":false,"gallerie":"","newsim":""},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t