Carbon Upcycling Technologies

Carbon Upcycling Technologies

Partner Employer

Alberta, Canada

Team size: 11 - 50

Sector: Energy

About Carbon Upcycling Technologies


Founders: Apoorv Sinha

Founded date: 2014

Company revenue: US$ 5 - 10 million

Investors: Amplify Capital, Cemex Ventures, Clean Energy Ventures, Creative Destruction Lab (CDL), Prithvi Ventures

Company stage: Other

Carbon Upcycling Technologies (“CUT”) was formed to use the pollution of today to build the materials of tomorrow by converting CO2 gas into solid products. CUT sells advanced solid products derived from greenhouse emissions and cheaply available solids. Since 2014, CUT has scaled its ability to capture CO2 emissions from point sources, such as power plants, by over a million times and has technically validated the performance of its end products in over 10 different industrial markets. Through its portfolio of CO2-derived solid nanoparticles, CUT has technically validated its solutions for use in the plastics, coatings, epoxy, adhesives, concrete, lithium-ion battery, and pharmaceutical industries. CUT commercialized a corrosion-resistant coating, utilizing its nanoparticles, in 2017, becoming the youngest CO2 utilization company to generate commercial revenue (&l;2.5 years since inception) and has since been confirmed as one of the top CO2 utilization companies in the world as one of the 10 Carbon X-Prize Finalists. CUT has been named as a Solar Impulse Efficient Solution label recipient, a funding recipient of Fundación Repsol Entrepreneurs Fund, and a winner of the 2019 76West Clean Technology Competition.

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