UP Catalyst secures €4M in funding to reduce Europe’s reliance on Chinese carbon materials 

UP Catalyst, a pioneer in sustainable carbon material production directly from CO2 emissions, successfully closed a €4 million seed investment round to advance its ground-breaking technology. The company will utilize the funds to scale up their local production of carbon materials and graphite derived from CO2 emissions, offering a sustainable alternative source of raw materials […]

Deep Sky and Airhive to deploy DAC units in Canada

Deep Sky, a Montreal-based gigaton-scale carbon removal project developer, and Airhive, a UK-based DAC (Direct Air Capture) startup, have partnered to deploy carbon removal technology in Canada. Airhive will deliver and install a modular DAC unit to be operated at Deep Sky’s pilot facility in Quebec in 2024. The unit will have the capacity to […]

Chalhoub Group & SE to drive climate action in the Middle East’s luxury retail sector 

Chalhoub Group, partner and creator of luxury experiences in the Middle East, has initiated a sustainability services agreement with Schneider Electric, a leader in digital transformation of energy management and automation to transform its suppliers’ carbon footprint roadmap across the region. The announcement was made amid the 28th session of the Conference of the Parties […]