C1, a climate tech start-up, has raised growth capital from Maersk Growth, the venture capital arm of A.P. Moller – Maersk, in order to accelerate the scaling of their ultra-efficient catalysis, which will enable mass production of green methanol without the usual premium paid for sustainably produced methanol.
According to a statement by C1, besides the ability to function as a carbon-based feedstock for various chemical products, green methanol is the most tangible low-carbon fuel alternative...