PyroCCS secures seed investment from Lotus One and Counteract for biocarbon expansion
German technology developer PyroCCS closed its first external equity round, securing seed funding from Lotus One Investment, climate-tech venture capital firm Counteract, and private investors. This capital injection will accelerate the global deployment of the company’s modular pyrolysis infrastructure and integrated biocarbon supply chain across Africa, Asia, and the Americas. PyroCCS uses its proprietary Gravity Series pyrolysis systems and Sarva Plant Operating System to process biomass into industrial-grade biocarbon, bio-oil, baseload power, and durable carbon removal credits. The company's digital monitoring, reporting, and verification (dMRV) framework integrates with registries including Isometric, Puro.earth, and Carbon Standards International. This investment follows a recent carbon credit purchase agreement with Tencent, awarded after PyroCCS was selected for Tencent’s CarbonX 2.0 initiative.
Read the original at Biochar Today →This summary was written by carbon.fyi from the reporting linked above. It is not a quotation; cite the original source.