The 12 closest competitors and alternatives to Carbon Upcycling Technologies among cleantech, materials science companies — ranked by similarity to what Carbon Upcycling Technologies actually does, not by market-cap band.
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Carbon Upcycling Technologies Inc. is a leader in carbon and waste utilization technology, engaging in strategic partnerships to advance sustainability. The company's headquarters are located in Calgary, Alberta, Canada.
Carbon Upcycling Technologies is a cleantech, materials science company headquartered in Canada. It has raised at least $44.1M across the 2 funding rounds on record. Its most recent funding round, Series A, raised $18M in June 2025. Xcout tracks 16 named people at Carbon Upcycling Technologies, including Markus Kritzler (Chief executive officer).
10 more named people on record for Carbon Upcycling Technologies, with roles, board committees and tenure — see the full roster →
At least $44.1M raised across the 2 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series A | $18M | 10 named | |
| Series A | $26.1M | 10 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Ranked by semantic similarity — how close each company is to Carbon Upcycling Technologies by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Carbon Capture Technology
Carbon Engineering is a Direct Air Capture (DAC) technology company focused on capturing CO2 from the atmosphere. Its Innovation Centre in Squamish, British Columbia, serves as the hub for its research and development efforts. The company is actively working to commercialize its pioneering technology.
Cleantech
Carbogenics is a global biocarbon and clean-tech company headquartered in Edinburgh that develops engineered biochar and sustainable materials.
CleanTech
Novocycle Technologies Corp. is headquartered in Sunnyvale, California, and focuses on technology-driven recycling and sustainability solutions.
Cleantech
Enerkem Inc. is a company with its global head office in Montréal, Quebec, Canada. The company operates a commercial-scale plant in Westbury, Quebec, which converts waste into biofuels, focusing on waste-to-biofuels technology.
Cleantech
Quantafuel is a technology-based energy company founded in 2014 and headquartered in Oslo, Norway. It focuses on converting waste plastics into valuable resources, aiming to solve the world's waste plastic problem through circular solutions.
Climate Tech
Crew Carbon provides a wastewater treatment and decarbonization solution for municipal and industrial facilities. The company uses a calcium-based mineral dosing process to optimize biological nutrient removal, improve water treatment efficiency, reduce chemical and operating costs, and permanently remove greenhouse gases.
Cleantech
Airovation Technologies provides climate-tech solutions focused on carbon capture, utilization, and storage (CCUS) for heavy industries. The company's technology converts industrial emissions and waste materials—such as carbon dioxide and phosphogypsum—into low-carbon hydrogen, fertilizers, and sustainable mineral supplies for concrete, plastic, and paper manufacturing.
Climate Tech
DevvStream Corp. focuses on the creation of carbon credits throughout Canada and the United States. The company allocates capital to ventures and enterprises operating within carbon credit markets, simultaneously offering comprehensive project management services. It leverages a blockchain-powered platform to both originate and oversee these carbon credits. Additionally, DevvStream invests in a range of green projects that aim to generate renewable energy, improve energy consumption efficiency, eliminate or reduce emissions, and directly sequester carbon from the air. The firm's main office is located in Vancouver, Canada, and it operates as a subsidiary of Devvio, Inc.
Carbon Management
Ostrom Climate Solutions Inc. provides carbon management solutions to help organizations and individuals reduce greenhouse gas emissions and implement sustainable practices. The company offers net-zero solutions, carbon intelligence services, and the development of carbon offset projects.
Carbon Capture
CarbonFree Chemicals Holdings, LLC is a carbon capture company founded in 2006 and headquartered in San Antonio, Texas. Its mission is to capture 10% of the world's carbon emissions.
CleanTech
CarbonBuilt, Inc. produces ultra-low-carbon concrete masonry products and maintains its headquarters in Manhattan Beach, California.
Cleantech
BioBTX is a clean-tech company headquartered in Groningen, Netherlands, specializing in renewable and bio-based aromatics. The company develops innovative chemical recycling technologies to produce aromatic compounds from plastic waste and biomass.
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