{"id":489627,"date":"2024-10-09T11:15:20","date_gmt":"2024-10-09T09:15:20","guid":{"rendered":"https:\/\/innovationorigins.com\/?p=489627"},"modified":"2024-10-09T11:15:20","modified_gmt":"2024-10-09T09:15:20","slug":"amazon-invests-25-million-in-rotterdam-based-paebbl","status":"publish","type":"post","link":"https:\/\/ioplus.nl\/archive\/en\/amazon-invests-25-million-in-rotterdam-based-paebbl\/","title":{"rendered":"Amazon invests $25 million in Rotterdam-based Paebbl"},"content":{"rendered":"\n

Paebbl, a young company that converts CO\u2082 into building materials, has raised $25 million<\/a> in a funding round led by Amazon’s Impact Fund. The Dutch-Scandinavian startup will use the investment to expand its offices in Helsinki, Stockholm, and Rotterdam and build a demonstration plant. With this technology, which extracts CO\u2082 from the air, ocean, or industrial processes, the company will help reduce global carbon emissions.<\/p>\n\n\n\n

Expansion and ambitions<\/h2>\n\n\n\n

The $25 million capital injection is a significant milestone for Paebbl<\/a>. With it, the company is taking steps not only to expand the organization but also to realize a demonstration plant. The planned facility, which is expected to be operational in the first half of 2025, is an important step toward scaling up production capacity to 3,000 kilograms of product\u2014including some 1,000 kilograms of sequestered<\/em> CO\u2082 per day.<\/p>\n\n\n\n

European governments are watching this development with attention. Europe sees carbon capture as a crucial strategy for achieving net zero emissions targets. The United Kingdom recently announced it will invest \u00a322 billion<\/a> in carbon capture and storage projects over the next 25 years.<\/p>\n\n\n\n

Technology and impact<\/h2>\n\n\n\n

Paebbl has developed a technology that captures CO\u2082 from the air and converts it into a mineral that can substitute for cement. This is an important innovation, as worldwide, cement is responsible for 6 to 8 percent of CO\u2082 emissions. The stone powder produced by Paebbl can permanently retain CO\u2082 and is used as a building material or for other industrial applications.<\/p>\n\n\n\n

Paebbl’s technology is based on the principle of mineralization, a natural process that converts CO\u2082 into solid carbonates. The company claims to be able to accelerate this process more than a million times. This means they can process millions of tons of CO\u2082 on a large scale, contributing significantly to reducing the construction industry’s climate impact.<\/p>\n\n\n

<\/a>
<\/div><\/div>
8 million for Paebbl: Using millions of tonnes of CO2 for building materials<\/div>
With a recent investment, Paebbl will continue to build towards its goal of converting millions of tonnes of CO2 into reusable stone powder every year.<\/div><\/div><\/div>\n\n\n

Investment round and founders<\/h2>\n\n\n\n

The funding round was led by Capnamic and included contributions from Holcim and Amazon’s The Climate Pledge Fund. Pol Knops, one of the founders, invented the technology that converts CO\u2082 into stone powder. This process normally takes centuries or even thousands of years, but Paebbl has managed to speed it up to less than sixty minutes.<\/p>\n\n\n\n

Industrial applications and future<\/h2>\n\n\n\n

Paebbl’s pilot plant in Rotterdam already produces 250 kilograms of material containing CO\u2082 daily. The next step is a demonstration plant that can roll out<\/a> up to 10 tons of product daily. This shows Paebbl’s ambition and confidence in their technology and the contribution they can make to reducing CO\u2082 emissions.<\/p>\n\n\n\n

Concrete, an essential construction material, must meet strict quality requirements. Paebbl’s innovation could be revolutionary for the construction industry, which suffers from a high carbon footprint. The startup is working on a recipe for carbon-negative cement, which could lead to a breakthrough in sustainable building materials.<\/a><\/p>\n\n\n\n

\"\u00a9
The team (end of 2023). \u00a9 Paebbl<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

Paebbl, a young company that converts CO\u2082 into building materials, has raised $25 million in a funding round led by Amazon’s Impact Fund. The Dutch-Scandinavian startup will use the investment to expand its offices in Helsinki, Stockholm, and Rotterdam and build a demonstration plant. With this technology, which extracts CO\u2082 from the air, ocean, or […]<\/p>\n","protected":false},"author":2589,"featured_media":505472,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[42],"tags":[21219,23682,82513],"location":[],"article_type":[],"serie":[],"archives":[],"internal_archives":[],"reboot-archive":[],"class_list":["post-489627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sustainability-nl","tag-amazon-en","tag-co2-en","tag-paebbl"],"blocksy_meta":[],"acf":{"subtitle":"The Dutch-Scandinavian company converts CO\u2082 into building materials.","text_display_homepage":false},"author_meta":{"display_name":"Team IO","author_link":"https:\/\/ioplus.nl\/archive\/author\/erikdevries\/"},"featured_img":"https:\/\/ioplus.nl\/archive\/wp-content\/uploads\/2024\/10\/road-construction-192894_1280.jpg","coauthors":[],"tax_additional":{"categories":{"linked":["Sustainability<\/a>"],"unlinked":["Sustainability<\/span>"]},"tags":{"linked":["amazon<\/a>","co2<\/a>","Paebbl<\/a>"],"unlinked":["amazon<\/span>","co2<\/span>","Paebbl<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 2 years ago","modified":"Updated 2 years ago"},"absolute_dates":{"created":"Posted on October 9, 2024","modified":"Updated on October 9, 2024"},"absolute_dates_time":{"created":"Posted on October 9, 2024 11:15 am","modified":"Updated on October 9, 2024 11:15 am"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/489627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/users\/2589"}],"replies":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/comments?post=489627"}],"version-history":[{"count":0,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/489627\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/media\/505472"}],"wp:attachment":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/media?parent=489627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/categories?post=489627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/tags?post=489627"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/location?post=489627"},{"taxonomy":"article_type","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/article_type?post=489627"},{"taxonomy":"serie","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/serie?post=489627"},{"taxonomy":"archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/archives?post=489627"},{"taxonomy":"internal_archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/internal_archives?post=489627"},{"taxonomy":"reboot-archive","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/reboot-archive?post=489627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}