Address

Turn Energy GmbH
Munich
Germany

Open Map


VCID: 17604262
http://vcinvest.com/node/17604262
    Profile

    Corporate information

    Official name
    Turn Energy GmbH
    Also known as
    Turn2X

    Registration country
    Investment activity status
    Active investor


    Overview

    Turn Energy has developed a novel, efficient reactor to reduce the carbon footprint of heavy industry. It produces green methane, which is also called renewable natural gas (RNG) because it uses renewable energy. The process combines carbon dioxide (CO2) and hydrogen (H2) and produces RNG (methane, CH4) and water (H2O). Placed next to an industrial plant, this reactor effectively allows the plant to reduce the amount of carbon dioxide going into the atmosphere. Capturing CO2 and turning it into RNG which can then be used by the plant as source of energy again, this innovative technology allows for a circular production process.

    Funding rounds

    Change in valuation: unknown

    Profile Country Notes
    First Momentum Ventures Initial investment. Round participant.

    Change in valuation: unknown

    Profile Country Notes
    Verve Capital Partners AG Switzerland Initial investment. Round participant.

    Change in valuation: unknown

    Profile Country Notes
    LEA Partners GmbH Initial investment. Round participant.