RenewCO2 is a spin-out from Rutgers University commercializing a proprietary catalyst and one-step process to convert CO2 into cost-competitive, carbon-negative monomers, chemicals, and fuels. The company has developed a low-cost, energy-efficient, carbon-negative Electrocatalytic Carbon Utilization Technology (eCUT). Leadership includes Anders B. Laursen (CEO) and Dr. Karin Calvinho. RenewCO2 intends to use new funding to expand operations and advance its development efforts. The startup has previously raised over $10M in venture investment and grant funding, including a prior seed round of over $2M. Current public reports do not disclose operating metrics such as revenue or user counts.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2025