Belgian DeepTech startup D-CRBN raises €17.5 million to turn industrial CO₂ emissions into circular carbon molecules

Belgian DeepTech startup D-CRBN has secured €17.5 million in Series A funding to commercialize its innovative electrified plasma technology for CO₂ recycling. This investment, led by Astaia with participation from SFPIM and the European Innovation Council (EIC) Fund, underscores the growing European focus on circular economy solutions and industrial decarbonization. D-CRBN's technology promises to transform industrial emissions into valuable carbon molecules, enhancing European digital sovereignty through resource independence. The core of D-CRBN's offering lies in its electrified plasma process, which efficiently converts CO₂-rich off-gases and hydrocarbons into carbon monoxide and syngas. These synthesized gases serve as crucial building blocks for sustainable fuels, chemicals, and materials, notably avoiding the production of byproducts like carbon black. This advanced technology has already undergone successful industrial pilot validation in sectors such as steel and chemicals, paving the way for broader commercial deployment and a more secure supply chain for critical materials. This significant funding round enables D-CRBN to scale its operations, focusing on deploying its first industrial demonstration units and expanding its engineering and operational teams. The move directly addresses Europe's strategic goals of reducing reliance on fossil feedstocks and bolstering industrial competitiveness through innovative, sustainable solutions. By enabling the large-scale production of circular carbon molecules, D-CRBN is positioning itself as a key player in the European circular carbon economy and a vital contributor to industrial decarbonization efforts.