UP Catalyst
Natural Resources · Materials Science & Nanotechnology
$19.4Mlatest round · Venture round · Jul 2025 · 15 mo ago
$1.3Mrevenue · 2025 · Estonian Tax and Customs Board
2backers · Extantia Capital, SmartCap
$1.7Mgrants · 3 grants · CORDIS
Overview
Cost competitive carbon materials from CO₂. Europe's net zero supply for carbon nanotubes and graphite. Our technology is scalable anywhere in the world and is not limited to only battery manufacturers.
Funding and backers
Total raised
$19.4M
4 rounds on record
Latest round
$19.4M
Venture round · Jul 2025 · 15 mo ago
Team
30
Estonian Tax Board · Sep 2026 · -14% in a year
Grants
$1.7M
3 grants · CORDIS
Revenue
$1.3M
2025 · Estonian Tax and Customs Board
Backers
2
Extantia Capital, SmartCap
The money's age
Due for its next round
15 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
1 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Aug 1
Won a grant $540k · CORDIS
Apr 26
Partnership Fibenol and UP Catalyst team up to develop energy storage using lignin · biofuelsdigest.com
Jul 23, 2025
Raised a round Venture round $19.4M
Dec 1, 2024
Won a grant $724k · CORDIS
2024
Team of 28 was 24 · Estonian Tax Board
Jan 1, 2023
Won a grant $417k · CORDIS
2022
Team of 13 was 9 · Estonian Tax Board
2019
Founded
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Grant | Aug 2026 | $540k | — | CORDIS |
| Venture round | Jul 2025 | $19.4M | — | upcatalyst.com |
| Grant | Dec 2024 | $724k | — | CORDIS |
| Grant | Jan 2023 | $417k | — | CORDIS |
Registers and programsofficial lists and records that name the company
| Legal entity | UP Catalyst OÜ | its site |
| Registered | 5 Sep 2019 |
Backed byfrom the funds' portfolios and accelerator catalogs
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Financials
Est. Annual Revenue
$1.3M
2025
Total raised
$21.1M
Latest round
Grant
Funding rounds
4
Revenue
-3% YoY
Estimate
Modelled from public signals, not audited accounts - read it as an order of magnitude.
| Year | Estimate | Low | High |
|---|---|---|---|
| 2022 | $93k | $93k | $93k |
| 2023 | $333k | $333k | $333k |
| 2024 | $1.4M | $1.4M | $1.4M |
| 2025 | $1.3M | $1.3M | $1.3M |
Connections
List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors
Extantia CapitalVia a fund
Click a company to open it. Dashed lines are likely connections. The second step of the network is part of the Pro plan.
Owner
Same company
Same group
Likely
News
Press Release: UP Catalyst Advances Plans for Commercial Graphite Production in Finland
The post Press Release: UP Catalyst Advances Plans for Commercial Graphite Production in Finland appeared first on UP Catalyst.
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Press Release: UP Catalyst and SGC Energy Partner to Bring Sustainable Carbon Nanotube and Graphite Production to South Korea
The post Press Release: UP Catalyst and SGC Energy Partner to Bring Sustainable Carbon Nanotube and Graphite Production to South Korea appeared first on UP Catalyst.
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Report
UP Catalyst Achieves Battery-Grade Performance With Graphite Made From CO₂
default The post UP Catalyst Achieves Battery-Grade Performance With Graphite Made From CO₂ appeared first on UP Catalyst.
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Press Release: From CO₂ to High-Performance Materials: UP Catalyst CNTs Outperform Benchmarks in Independent Testing
The post Press Release: From CO₂ to High-Performance Materials: UP Catalyst CNTs Outperform Benchmarks in Independent Testing appeared first on UP Catalyst.
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Press Release: UP Catalyst and Teknos Sign Memorandum of Understanding to Advance Sustainable Carbon Materials for Paint and Coating Applications
The post Press Release: UP Catalyst and Teknos Sign Memorandum of Understanding to Advance Sustainable Carbon Materials for Paint and Coating Applications appeared first on UP Catalyst.
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Report
Forestry and CO2 are Powering Electric Vehicle Revolution: Eco-Friendly Hard Carbon Anode Material
The post Forestry and CO2 are Powering Electric Vehicle Revolution: Eco-Friendly Hard Carbon Anode Material appeared first on UP Catalyst.
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UP Catalyst gets €18 million EIB financing to advance the EU's critical raw material production
The post UP Catalyst gets €18 million EIB financing to advance the EU's critical raw material production appeared first on UP Catalyst.
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UP Catalyst Selected as a Strategic Project Under the EU's Critical Raw Materials Act
The post UP Catalyst Selected as a Strategic Project Under the EU's Critical Raw Materials Act appeared first on UP Catalyst.
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MoReCCU Project Results - Presenting Novel Electrolyte Regeneration Device
The post MoReCCU Project Results - Presenting Novel Electrolyte Regeneration Device appeared first on UP Catalyst.
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Offices
Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Maardu
Estonia
HQ
10-50 est. staff