The eChemicles Ltd. is a company founded by researchers, engineers, and business developers with the main goal of developing and commercializing pioneering green technologies that enable the production of valuable chemical raw materials using electricity generated from renewable sources. The company’s intellectual property portfolio is outstanding internationally, and they are currently translating these technical solutions into commercially competitive technologies. The company has successfully applied for domestic and direct EU research and development programs, within which the creation of containerized prototypes for CO2 conversion electrolysis technology and the commencement of commercial activities are taking place.
The recent investment by the Blue Planet Venture Capital Fund enables the acceleration of both technical and business development, allowing eChemicles Ltd. to be the first to enter the global market with a scalable and cost-effective e-CO producing technology.
Dr. Csaba Janáky, CEO of eChemicles, said about the investment:
“We have developed and patented the first scalable, low-temperature electrolysis bundle that allows for efficient electrochemical conversion of CO2 on an industrial scale. The technology has pioneering innovative solutions to become a commercially viable solution once it becomes available on a large scale. In the current turbulent European energy situation, green solutions that replace fossil fuels are more important than ever, which is why this HUF 480 million investment is crucial to accelerating the development process.”