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UP Catalyst secures €18M from EIB to scale sustainable graphite production — Invest in Estonia
Estonian CleanTech startup UP Catalyst has secured €18M in financing from the European Investment Bank (EIB) to scale up its innovative carbon materials production, the company announced. The EIB loan will help UP Catalyst expand its molten salt electrolysis technology, which transforms CO₂ emissions into high-performance carbon materials for electric vehicle batteries, defence applications, paints, coatings, polymers, and concrete. The company …
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