About UP Catalyst
UP Catalyst is a company based in Tallinn (Estonia) founded in 2019 by Ivar Kruusenberg. UP Catalyst has raised $7.5 million across 8 funding rounds from investors including Sunly, European Investment Bank and Warsaw Equity Group. UP Catalyst offers products and services including Carbon Nanotubes, Graphite, Carbon Black, and Hard Carbon. UP Catalyst operates in a competitive market with competitors including Jacobi Carbons, Birla Carbon, Cancrie, CarbonX and Orion Engineered Carbons, among others.
- Headquarter Tallinn, Estonia
- Founders Ivar Kruusenberg
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Sectors
TechnologyChemicals & Materials
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Email
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Phone
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Website
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Social
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- Legal Name Up Catalyst Oü
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$7.5 M (USD)
in 8 rounds
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Latest Funding Round
$19.8 M (USD), Debt – Conventional
Apr 09, 2025
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Investors
Sunly
& 9 more
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Employee Count
Not available
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Products & Services of UP Catalyst
UP Catalyst offers a comprehensive portfolio of products and services, including Carbon Nanotubes, Graphite, Carbon Black, and Hard Carbon.
Utilizes CO₂ to produce multi-walled nanotubes for enhanced material properties.
Sustainable graphite from CO₂ for energy storage and high-purity applications.
CO₂-derived carbon black for mechanical and electrical enhancements in products.
Produced from biomass waste for high-purity energy storage solutions.
People of UP Catalyst
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Funding Insights of UP Catalyst
UP Catalyst has successfully raised a total of $7.5M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $19.8 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in UP Catalyst
UP Catalyst has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Sunly, European Investment Bank and Warsaw Equity Group.
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Growth equity investments are made in innovative B2B tech companies.
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Extantia is focused on investing in climate technology pioneers.
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Investor details for UP Catalyst
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Investments & Acquisitions by UP Catalyst
Investment portfolio details for UP Catalyst
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Financial Statements - UP Catalyst
Detailed financials for UP Catalyst
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Up Catalyst Comparisons
Peer comparison for UP Catalyst
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Competitors of UP Catalyst
UP Catalyst operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jacobi Carbons, Birla Carbon, Cancrie, CarbonX and Orion Engineered Carbons, among others.
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High-quality activated carbons are manufactured from coconut shells.
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Manufacturer of carbon black additives
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Nanocarbon materials for energy storage solutions are developed.
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Nanosized carbon structures are manufactured from filament-based networks.
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Producer and suppliers of carbon black
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Detailed competitors of UP Catalyst
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Latest news on Up Catalyst
Complete news archive for UP Catalyst
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Frequently Asked Questions about UP Catalyst
UP Catalyst was founded in 2019 and raised its 1st funding round 3 years after it was founded.
UP Catalyst is headquartered in Tallinn, Estonia.
UP Catalyst is a funded company, having raised a total of $7.5M across 8 funding rounds to date.
UP Catalyst was founded in 2019 in Tallinn, Estonia, and operates in the carbon nanomaterials sector. Waste biomass and atmospheric CO2 are converted into materials such as graphene, graphite, carbon nanofibers, and spherical carbon. These nanomaterials support applications in green battery technologies and biomedicine, with production processes emphasizing sustainable sourcing.
UP Catalyst's top competitors include Cancrie, Jacobi Carbons and CarbonX.
UP Catalyst offers Carbon Nanotubes, Graphite, Carbon Black, and Hard Carbon.
UP Catalyst has 10 investors. Key investors include Sunly, European Investment Bank, Warsaw Equity Group, SmartCap, and Extantia.