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ViridiCO2

ViridiCO2 transforms industrial CO2 emissions into valuable chemical products using patented technology. Our scalable solution helps manufacturers replace up to 50% of petrochemical feedstocks with captured CO2, reducing costs by 30% and promoting sustainable, circular manufacturing.
2020
11-50
Evanston, Illinois, United States

https://viridico2.co.uk/

Carbon CaptureChemicalCleanTechManufacturingSustainability
Innovation
Investment Funding
People
Products
Awards and Recognitions
M&A and Collabs
News

Innovation

Industry Problem

ViridiCO2™ aims to tackle the massive industrial CO2 emissions, particularly the 7 billion tonnes of waste CO2 produced annually by the chemical, foundation, and formulation industries, by offering a sustainable alternative to fossil-based chemical production. They address the lack of scalable, cost-effective Carbon Capture and Utilisation (CCU) technologies in the market.

R&D Focus

ViridiCO2™ operates in the niche segment of Carbon Capture and Utilisation (CCU), with a strong research and development focus on transforming waste CO2 into high-value chemical intermediates through innovative solid-phase catalytic technology. Their patented process enables the conversion of carbon dioxide into sustainable alternatives to petrochemical feedstocks under significantly lower energy and pressure conditions. Targeting the foundation, formulation, and chemical industries, ViridiCO2™ helps manufacturers produce everyday goods—such as surfactants, polymers, cosmetics, furniture, and clothing, using recycled CO2, thereby reducing emissions, cutting costs, and accelerating progress toward global net-zero targets.

Innovative Solution

ViridiCO2™ addresses industrial CO2 emissions by using a patented solid-phase catalyst that converts waste carbon dioxide into high-value chemical products. This solution allows manufacturers to replace up to 50% of traditional petrochemical feedstocks with captured CO2, operating under lower temperatures and pressures, thereby reducing energy consumption, emissions, and production costs while supporting a shift toward sustainable, circular manufacturing.

Solution Effectiveness

ViridiCO2™’s solution enables manufacturers to replace up to 50% of traditional petrochemical feedstocks with captured CO2, resulting in a 30% reduction in manufacturing costs for CO2-derived chemicals. Additionally, the technology targets the 16% of global annual emissions generated by the foundation, formulation, and chemical industries, offering a scalable way to significantly cut industrial CO2 output while maintaining product performance and lowering environmental impact.

Investment Funding

Last Funding Stage

Seed

Total Funding Amount

$3.5M

Last Funding Amount

$3.5M

Last Funding Date

May, 2025

Startup Stage

Seed

Lead Investors

EQT Ventures, UK Research and Innovation

People

Founders

  • Dr. Daniel Stewart
  • Robert Raja

Board Members

  • Andrew Doe
  • Alastair Mitchell

CEO

  • Dr. Daniel Stewart

Products

Product

– Surfactants – Used in shampoos, detergents, and cleaning products. – Polymer Feedstocks – Used in the production of plastics for furniture, packaging, and other consumer goods. – Small Molecules – Serve as building blocks for a wide range of chemical and industrial applications. – Sustainable Chemicals – Incorporated into cosmetics, clothing, and personal care products, replacing traditional petrochemical inputs. – Customer Review – “We look to back generation defining companies and ViridiCO2™ is definitely one that has the potential to accelerate the energy transition of a whole industry… it is great to see such a game-changing company with the technology and potential to transform the sector and the world spinning out of one of the UK’s top universities.” – Ali Mitchell, Partner, EQT Ventures

Star Product

Surfactants are widely used in high-demand consumer goods such as shampoos, detergents, and cleaning products. By replacing petrochemical-based surfactants with those made from waste CO2, ViridiCO2™ offers a high-impact, scalable solution that directly reaches eco-conscious consumers, significantly reduces emissions, and lowers production costs, making it the most commercially and environmentally compelling product in their portfolio.

Awards and Recognitions

Awards

– Royal Society of Chemistry Emerging Technologies Competition 2020 – Chemical Industries Association Innovation Award 2023 – Green Awards – Pioneer Category 2023

Media Apperance

– Business Insider – Set Squared – Tech Funding News – The Times

M&A and Collabs

Collab

ViridiCO2 has collaborated with SETsquared in 2022, to develop its technology and bring it to commercialization, including a pilot project with a leading client, according to a case study on SETsquared’s website.

Collab

ViridiCO₂ participated in BASF’s Innovation Collaboration Day 2023 to explore how its catalytic technology can assist BASF in utilizing CO₂ as a direct feedstock, aligning with BASF’s sustainability goals