C1 Green Chemicals lands $21.6M in fresh capital for green methanol catalysis tech

In Germany, Cleantech company C1 Green Chemicals AG has successfully secured €20 million in fresh capital to bring its groundbreaking green methanol catalysis technology to market. Green methanol can be used to defossilize three key industries: shipping, aviation and carbon-based chemical production. At the same time, the use of this circular raw material significantly reduces dependence on foreign resources and strengthens the industry’s resilience.

Of the total capital raised, €15 million come from a capital increase involving renowned investors, led by denkapparat, the family office of think-cell founders Markus Hannebauer and Arno Schödl. Planet A Ventures, Maersk Growth, SquareOne, Prof. Wolfgang Reitzle (former CEO of Linde) and Jim Hagemann Snabe (Chairman of Siemens) also took part in the funding round. The remaining €5 million come from approved research grants.