D-CRBN lands $19.9M Series A for CO2 and hydrocarbons recycling

In Belgium, D-CRBN, a deep-tech company developing electrified plasma technology to recycle CO₂ and hydrocarbons into circular carbon molecules, recentlys announced the successful closing of its €17.5 million Series A investment round.

The round was led by Astaia, with participation from follow-on investors SFPIM and the European Innovation Council (EIC) Fund. The proceeds will support the scale-up of D-CRBN’s plasma reactor technology, accelerate industrial pilots with leading partners, and enable the transition from pilot validation to initial commercial deployments.

D-CRBN’s technology uses renewable electricity to recycle CO₂-rich off-gases and hydrocarbons into carbon monoxide and syngas, key building blocks for sustainable fuels, chemicals, and materials. By electrifying these processes, the company provides European industry with a scalable pathway to enhance supply security, reduce dependence on fossil feedstocks, and maintain industrial competitiveness.

The technology has already been validated at industrial pilot scale with leading partners in the steel and chemicals sectors, with multiple demonstration projects currently advancing toward commercial deployment.

Tags: Belgium, CO2, D-CRBN

Category: Fuels