UP Catalyst logo — Battery-grade graphite and carbon materials produced from CO...

UP Catalyst

Battery-grade graphite and carbon materials produced from CO₂ emissions

Founded 2019 Estonia Estonia 44 employees Seed Total: $26.36M

General Information

Company Name UP Catalyst
Founded Year 2019
Location Estonia Estonia
Employees 44
Funding Stage Seed
Business Model B2B, D2C, E Commerce
Revenue Model Product Sales, Licensing, Service Fee

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About UP Catalyst

UP Catalyst, founded in 2019 and headquartered in Estonia, is innovatively transforming CO₂ emissions into valuable product offerings. Their slogan, "Battery-grade graphite and carbon materials produced from CO₂ emissions", encapsulates the company's commitment to sustainability while opening doors to major industrial applications.

By producing carbon nanomaterials and graphite from emissions, UP Catalyst not only offers an environmentally friendly alternative to traditional mining but also addresses the critical need for sustainable materials used in electric car batteries, concrete, and biomedicine. Utilizing renewable energy sources, they adhere to climate neutrality, offering a compelling advantage in the EU market.

The company's latest financial milestone includes a substantial investment of €18.00M through Debt Financing from the European Investment Bank as of April 2025. This underscores investor confidence in their potential to disrupt environmentally harmful production methods with sustainable alternatives.

Business keywords: carbon nanomaterials, graphite production, CO2 utilization, electric vehicle batteries, green energy storage, climate neutral manufacturing, sustainable materials, EU-based production, alternative to mining, environmentally friendly production, biomedicine materials, concrete applications, carbon nanotubes

Services & Products

Production of Carbon Nanotubes
Sustainable Carbon Materials
Graphite from Industrial CO2
Conductive Additives
Composite Material Solutions

Target Customers

Battery Manufacturers Paint and Coating Industry Construction Industry Technology Manufacturers Sustainability-Focused Companies

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing €18.00M 1
European Investment Bank
01 Apr 2025
Seed €2.36M 2
Warsaw Equity Group, SmartCap
01 Aug 2024
Seed €4.00M 6
Extantia, Little Green Fund +4
01 Dec 2023
Seed €2.00M 5
Sunly, Little Green Fund +3
01 Apr 2022
Support Program Undisclosed 1
ESA BIC Estonia
01 Jan 2021
Spinout Undisclosed 1
University Ventures
01 Jan 2019

UP Catalyst Alternatives & Competitors

UP Catalyst vs

We create the future with carbon nanotubes (CNTs)

5 employees
Manufacturing
UP Catalyst vs
Hycamite
Hycamite Finland

Hycamite produces low-carbon hydrogen and high-quality carbon products by splitting methane.

Venture round
64 employees
Renewable Energy

FAQ About UP Catalyst

Battery-grade graphite and carbon materials produced from CO₂ emissions
UP Catalyst was founded in 2019.
UP Catalyst is headquartered in Estonia.
UP Catalyst has a B2B, D2C and E Commerce business model. Its revenue comes from Product Sales, Licensing and Service Fee.
UP Catalyst has approximately 44 employees.
UP Catalyst has completed 6 funding rounds, raising a total of $26.36M. The latest funding stage is Seed.
UP Catalyst offers: Production of Carbon Nanotubes, Sustainable Carbon Materials, Graphite from Industrial CO2, Conductive Additives, Composite Material Solutions.
Top alternatives and competitors to UP Catalyst include CARBON FLY, Inc., Hycamite. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
UP Catalyst and CARBON FLY, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for UP Catalyst, https://bouncewatch.com/company/up-catalyst, updated 13 November 2025. When citing, please name BounceWatch and link this page.

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