Novocarbo GmbH
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Novocarbo GmbH - overview
Established
2017
Location
Hamburg, -, Germany
Primary Industry
Environmental Services
About
Based in Hamburg, Germany, and founded in 2017 by CEO Casper Von Ziegner, Novocarbo GmbH, a. k. a. Novocarbo operates as an environmental services company that develops carbon removal parks and produces sustainable carbon-based products like biochar.
In March 2024, Novocarbo GmbH raised EUR 25 million in growth capital funding from SWEN Capital Partners. The company operates carbon removal parks where it uses biochar carbon removal (BCR) technology that generates climate-neutral heat that can be offered to companies or municipal utilities to decarbonize their energy supply. Novocarbo offers a heat-as-a-service solution to companies and municipal utilities for integrating green heating into their operations. The company plans to use its proceeds from March 2024 funding to build up to 200 carbon removal parks by 2033 and expand the network for CDR and green heat in Europe.
Current Investors
SWEN Capital Partners
Primary Industry
Environmental Services
Sub Industries
Renewable Energy, Green IT, Pollution Control
Website
www.novocarbo.com
Verticals
Clean Technology
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Novocarbo GmbH - financials
| Fiscal Year Ended | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|
| Revenue (USD) | - | - | - |
| % Revenue Growth (YoY) | - | - | - |
| EBITDA (USD) | - | - | - |
| Operating Income (USD) | - | - | - |
| Operating Margin | - | - | - |
| % EBITDA Margin | - | - | - |
| NET Income (USD) | - | - | - |
| % Net Margin | - | - | - |
Novocarbo GmbH - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Novocarbo GmbH | - |
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Novocarbo GmbH - employee data
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