Fundraising Fox

UP Catalyst

Founded 2019 · 43 employees on LinkedIn · 3 known investors

Find your way into UP Catalyst

160 people in our graph share verified history with the UP Catalyst team — schools, employers, funds. One of them is your warm intro.

Lena Nedebockunlockedknows Gary Urb · together at TalTech – Tallinn University of Technology (overlapped)
knows the team · via LHV
×4knows the team · via University of Tartu
×2knows the team · via Swedbank
×2knows the team · via TalTech – Tallinn University of Technology
×2knows the team · via UP Catalyst

UP Catalyst captures CO₂ from flue gases and converts it into carbon nanotubes and battery-grade graphite using its proprietary Molten Salt Carbon Capture and Electrochemical Transformation (MSCC-ET) technology. The company offers a local alternative to imported critical raw materials for battery and carbon-material supply chains.

Advanced ManufacturingCircular EconomyCleantechClimate TechNew Materials

Founders & leadership

UP Catalyst was founded in 2019 by Gary Urb.

GUGary Urb
Gary UrbinCo-founderGary Urb is a co-founder of UP Catalyst, which captures CO₂ from flue gases and converts it into carbon nanotubes and battery-grade graphite. He brings over 15 years of experience in finance and banking, with a background in performance enhancement, investment management, and business transformation.

Investors · 3

Warsaw Equity Group✓ verifiedWarsaw
European Investment Bank✓ verifiedLuxembourg
Extantia CapitalreportedBerlin · $1.1M – $5.5M

Funding

SEC filings, press & company announcements
  • Undisclosed amountseed roundDec 2023 · 2 sources
    Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

UP Catalyst raises €18 million to advance the EU’s critical raw material production | EU-Startupseu-startups.com · Apr 2025Investing at UP Catalyst - UP Catalystupcatalyst.com · Feb 2025UP Catalyst Secures $4.3 Million in Seed Funding - Mercom Capital Groupmercomcapital.com · Dec 2023Estonian startup UP Catalyst closes €4M seed round to spearhead green graphite production - ArcticStartuparcticstartup.com · Dec 2023UP Catalyst Raises €4M in Fundingfinsmes.com · Dec 2023UP Catalyst | EU-Startupseu-startups.com · Feb 2022

Frequently asked questions

What does UP Catalyst do?
UP Catalyst captures CO₂ from flue gases and converts it into carbon nanotubes and battery-grade graphite using its proprietary Molten Salt Carbon Capture and Electrochemical Transformation (MSCC-ET) technology. The company offers a local alternative to imported critical raw materials for battery and carbon-material supply chains.
Who founded UP Catalyst?
UP Catalyst was founded by Gary Urb in 2019.
Who are UP Catalyst's investors?
UP Catalyst's investors include Warsaw Equity Group, European Investment Bank, Extantia Capital.