Paebbl

Overview
News
Carbon Capture, Utilization & Storage (CCUS)?
Product stageSegments
Minimum Viable Product
?
Next-gen Carbon Utilization: Other
?

Paebbl is a Sweden-based startup that has developed a patented technology to convert CO2 into a solid, carbon-negative material through an accelerated mineralization process. The company captures CO2 emissions from industrial facilities or directly from the air and combines it with water and ground silicate rock to produce a silica-enriched magnesium carbonate powder. This powder can be used as an inert filler in various applications, including construction materials, paper production, paints, and polymers.

By incorporating Paebbl's carbon-negative filler into concrete mixes, the company claims that the CO2 footprint of concrete can be reduced by up to 70%. In December 2023, Paebbl commissioned a new 500-liter batch production unit called “Obelix,” which increased the company's CO2 processing capacity by 100x, enabling the production of up to 100 tons of carbon-storing materials annually. The company’s existing hubs are operational in Helsinki, Rotterdam, and Stockholm and plans to open a new hub in the UK.

Key customers and partnerships

In June 2024, Paebbl announced the mineralization of its first ton of CO2 removal at its pilot plant, converting CO2 into carbon-negative raw materials for the construction industry.

HQ location:
Kungsgatan 10 Stockholm, Sweden Stockholm SWE
Founded year:
2021
Employees:
11-50
IPO status:
Private
Total funding:
USD 33.0 mn
Last Funding:
USD 25.0 mn (Series A; Oct 2024)
Last valuation:
-
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Company profile
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