{
  "id": 17965178,
  "title": "Turning pollution into everyday products – Southampton’s Virdi raises €2.6 million to transform waste",
  "url": "https://urgent.news/2026/11/03/turning-pollution-into-everyday-products-southamptons-virdi-raises-2",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-03T12:35:55.000Z",
  "source": {
    "name": "EU-Startups",
    "slug": "eu-startups",
    "url": "https://www.eu-startups.com/2026/11/turning-pollution-into-everyday-products-southamptons-virdi-raises-e2-6-million-to-transform-waste/"
  },
  "original_language": "en",
  "account": "DeepTech company Viridi, headquartered in Southampton, has secured £2.2 million in funding to commercialise a technology that converts waste carbon dioxide into chemical products. The £2.6 million round was led by Odyssey Ventures, with participation from Alphatron Impact Ventures and existing angel investors. TOP Ventures, the corporate venture arm of Thaioil, became a strategic investor. This funding boost follows a £3.3 million seed round in 2023.\n\nCEO Dr Daniel Stewart expressed gratitude for the strategic investment from TOP Ventures, stating that their support would be crucial in bringing Viridi's technology to market, starting with Asia. Odyssey Ventures will provide additional support for Viridi's expansion into the US market.\n\nViridi's technology enables the transformation of waste carbon dioxide into chemical products, potentially eliminating the need for fossil-derived raw materials in industries such as detergents, cosmetics, and mattress foam production. The company's platform technology can be integrated into existing manufacturing infrastructure, allowing factories to replace harmful fossil fuels with captured CO2 waste.\n\nOther recent funding rounds in carbon utilisation technologies include Belgium's D-CRBN, which raised £17.5 million to convert industrial CO2 into chemical building blocks, and Switzerland's Seprify, which secured £13.4 million for cellulose-based ingredients. In the UK, Uplift360 raised £7.4 million for composite regeneration, Sparxell raised £4.2 million for plant-based colourants, and HexSeed received over £700,000 for CO2-derived diamond coatings. These investments, combined with Viridi's funding, total over £60.3 million, reflecting a significant investment in carbon utilisation technologies.",
  "summary": "Viridi, a British DeepTech that enables the transformation of waste carbon dioxide into chemical products, has closed a €2.6 million (£2.2 million) round to scale their technology, strengthen its team and support its expansion into Asia and the US. The round was led by Odyssey Ventures, with co-investment from Alphatron Impact Ventures and follow-on commitments […] The post Turning pollution into…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}