London – 28 April 2022
CleanTech Capital Advisors (CCA) has been sole financial advisor to UK company Econic Technologies on raising a £5 million 1st tranche of its Series D, from both Capricorn Partners (Sustainable Chemistry fund) and OGCI Climate Investments.
Econic has developed and is commercialising its novel catalyst technology for utilising captured CO2 in everyday products via incorporation in polyurethanes, surfactants and polymers. The £5 million funding will enable Econic to deliver on its first licenced projects and build out its commercial organisation.