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HomeAll NewsCleantech Startup CryoCollect raises $4.3 Million for biogas carbon capture solution

Cleantech Startup CryoCollect raises $4.3 Million for biogas carbon capture solution

CryoCollect, a startup specializing in biogas carbon capture, has secured $4.3 million (€4 million) in funding from Engie New Ventures and GTT Strategic Ventures.

Established in 2017 in Paris, CryoCollect focuses on treating, purifying, and liquefying gases like biomethane, carbon dioxide (CO2), and hydrogen.

Their technology captures, purifies, and liquefies CO2 from biogas produced through anaerobic digestion, resulting in liquid biogenic CO2 that can replace fossil CO2 in industries such as food and beverage and synthetic fuel production.

CryoCollect’s CEO and co-founder, Haytham Sayah, expressed enthusiasm about the partnership with Engie and GTT, highlighting their commitment to accelerating the energy transition.

He noted the synergy between CryoCollect’s technology and Engie’s activities in biogas production, bio liquefied natural gas (bio-LNG), and industrial energy efficiency.

Biogas, derived from organic waste in anaerobic digesters at waste facilities or landfill sites, is processed into biomethane or bio-LNG, supporting the decarbonization of sectors like road transport and heavy industry without requiring new infrastructure.

Johann Boukhors at Engie New Ventures emphasized the strategic fit of CryoCollect in their investment portfolio, marking it as the third biogas-related investment and the first in carbon management.

Camille Bonenfant-Jeanneney at Engie Renewable Gases Europe praised CryoCollect’s energy-efficient carbon capture technology, calling it “the new standard of the biogas industry”.

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