Carbominer is a Ukrainian climate technology startup developing Direct Air Capture (DAC) technology. The technology is designed to remove millions of tons of CO2 directly from the atmosphere while supplying that CO2 to vertical farms.
Carbominer is a Ukrainian climate technology startup developing Direct Air Capture (DAC) technology. The technology is designed to remove millions of tons of CO2 directly from the atmosphere while supplying that CO2 to vertical farms.
UPSPARK, a company from the innology group, provided comprehensive services related to obtaining a grant from the EICA program, including:
Carbominer received a grant of €1.5 million and a promise of future multi-million euro equity investments under the EIC Accelerator program, marking a significant milestone for the company. Importantly, Carbominer became the first Ukrainian startup and one of the first two Direct Air Capture technologies to receive funding under the prestigious and highly competitive EIC Accelerator program. This funding will enable Carbominer to develop its unique Direct Air Capture technology and contribute to global efforts to reduce CO2 emissions. Immediate benefits already observed by the startup include increased project momentum, enhanced credibility, and additional future funding and partnership opportunities.
UpSpark's dedication, professionalism, and expertise were essential in securing the EIC Accelerator grant. The team’s ability to maintain a seamless process, work under tight deadlines, and provide high-quality input was impressive. We are grateful for their support and highly recommend UpSpark to any company seeking EU funding.
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