Again, a pioneering carbon utilisation company, has secured an impressive €39.4 million in a Series A funding round co-led by GV (Google Ventures) and HV Capital. This significant investment marks a pivotal moment in Again’s mission to transform carbon capture and shift towards a more sustainable future.
Dr. Torbjørn Ølshøj Jensen, co-founder at Again, emphasized the company’s unique approach, stating: “Many organisations are grappling with the challenge of scaling carbon capture, but we have taken a giant leap forward. Our advanced technology not only allows us to efficiently capture waste CO₂, but also convert it into valuable resources that can effectively decarbonize the entire supply chain.”
By tackling the dual issues of carbon emissions and resource scarcity, Again has emerged as a leader in carbon utilisation. The company’s groundbreaking technology promises to disrupt the traditional carbon capture landscape, where scalability has long been a hindrance.
Through their innovative process, Again aims to address the urgent need for sustainable solutions by transforming CO₂ into valuable chemicals. This not only reduces harmful greenhouse gas emissions, but also creates a positive impact on the environment and the economy.
The successful funding round led by GV and HV Capital showcases the growing interest and support for companies focused on environmental stewardship. With this injection of capital, Again can accelerate their research and development efforts and drive further innovation in the field of carbon capture.
As climate change continues to pose a global threat, technological advancements such as Again’s carbon utilisation platform offer a glimmer of hope. By transforming CO₂ into useful products, the company exemplifies the potential to create a sustainable and decarbonized future for generations to come.