Greenlyte Carbon Technologies Raises €18.5M Investment

Greenlyte Carbon Technologies has secured $18,500,000 in investment capital.

The company specializes in revolutionizing energy infrastructure by converting renewable electricity, air, and water into green molecules for synthetic fuels, providing a critical layer for scalable e-fuel production.

Its patented LiquidSolar™ platform efficiently captures carbon and co-produces hydrogen in a single process.

This technology enables the storage of renewable energy in the form of carbon-neutral fuels, such as e-Methanol and Sustainable Aviation Fuel.

By driving down the costs of e-fuel production, Greenlyte aims to make these alternatives competitive with fossil fuels, thereby offering a viable pathway for decarbonizing hard-to-abate sectors like aviation, shipping, and heavy industry, while enhancing long-term energy security.

The newly raised funds will be strategically deployed to accelerate the development and commercialization of its LiquidSolar™ technology.

Greenlyte plans to use the capital to scale its operations, expand its technical team, and advance its efforts to deliver its first commercial plants.

Founded in 2022, Greenlyte has rapidly grown to a team of over 70 professionals, filed more than 10 patent families, and previously secured significant funding from leading climate-tech investors and grants.

This investment underscores Greenlyte Carbon Technologies' momentum in the sustainable energy sector.

The company remains focused on expanding its partnerships and technology deployment to achieve its long-term growth objectives in the global energy transition, further enabling a sustainable and secure energy future.