Nuada
We help hard-to-abate industries to decarbonise by vacuuming CO2 out of flue gas
We help hard-to-abate industries to decarbonise by vacuuming CO2 out of flue gas
Nuada is a vertically integrated carbon capture company focused on decarbonising hard-to-abate industries. Their next-generation point-source capture technology combines advanced solid adsorbents (Metal Organic Frameworks or MOFs) with proven vacuum swing technology to vacuum CO2 out of industrial emissions through a "heatless" and solvent-free process, representing a significant innovation in the industry. The use of pressure instead of heat drastically reduces energy and costs, making carbon capture more accessible to industrial emitters.
Founded in 2012 and headquartered in the United Kingdom, Nuada's mission aligns with the Sustainability and Clean Energy sectors. In their latest funding round, they received a £3.40M Series A investment on 27 July 2023 from the Business Growth Fund. Nuada's innovative approach and commitment to sustainability position them as a promising player in the movement towards a greener future.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | £3.40M | 1 | Business Growth Fund | 27 Jul 2023 |
| Grant | £666.53K | 1 | Department for Energy Security & Net Zero | 29 Jun 2023 |
| Series A | £4.40M | 3 |
|
12 Oct 2022 |
| Venture Round | £1.20M | 1 | Excelsa Ventures | 22 Jan 2017 |
| Seed Round | £300.00K | - | 01 Jul 2012 |
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