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Rotterdam-based Paebbl Raises €22.8 million to supercharge CO2 storage in the built environment

  • Rotterdam-based company Paebbl has raised €22.8 million in a Series A funding round to accelerate the development of CO2 storage in building materials.
  • New investors include The Climate Pledge Fund (Amazon), Holcim, and German concrete company Goldbeck.
  • Paebbl has achieved significant milestones in its CO2-storing technology, including producing 250kg of CO2-storing product daily and casting concrete structures with captured carbon.
  • The funding will be used to commission a demonstration plant and expand Paebbl's presence in Helsinki, Rotterdam, Stockholm, and the UK.

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