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Deep Branch Announces EUR 8M Series A Round led by Novo Holdings and DSM Venturing, Paving the Way for Commercial-Scale Production Facility


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NOTTINGHAM, England, March 16, 2021 /PRNewswire/  Deep Branch, a carbon dioxide recycling company, today announced it has completed an €8M Series A investment round. The investment complements a combined €4M in non-dilutive funding secured from UK and EU grant-funded projects scheduled from Q4 2020 to Q1 2023. Novo Holdings and DSM Venturing led the round, with participation from Total Carbon Neutrality Ventures and Barclays Sustainable Impact Capital. Johan Hueffer, Senior Partner at Novo Holdings, and Rob Beudeker, Investment Director at DSM Venturing, will join Deep Branch s Board of Directors. Lars Topholm, Head of Research at Carnegie Investment Bank in Denmark and non-executive Board member of Deep Branch since 2019, has been elected Chair of the Board. ....

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