Dutch-Nordic carbon capture startup Paebbl has raised $25mn as it looks to turn the sector that uses the bulk of the world’s mined materials — the built environment — into a permanent sink for the world’s most potent greenhouse gas — CO2. Berlin-based VC Capnamic led the round, with participation from the likes of Amazon and German cement industry giants Holcim and Goldbeck. Paebbl will use the fresh funds to expand its offices in Helsinki, Stockholm, and Rotterdam, where its pilot plant is located. In June, we visited the facility, discreetly hidden amid the sprawling docks, warehouses, and factories of…
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