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Carbon storage company selling carbon-negative building materials.
Paebbl has raised $37.7M across 3 funding rounds.
Paebbl has raised $37.7M in total across 3 funding rounds.
Paebbl is a mission-driven organization focused on combating global warming by turning CO₂ into advanced carbon-storing construction materials, making infrastructure development an act of climate stabilization.
Paebbl has raised $37.7M in total across 3 funding rounds.
Paebbl's investors include European Innovation Council, Christian Knott, Khosla Ventures, Marie Ekeland, 2050, Aurum Impact, Grantham Foundation, Holcim, Pale Blue Dot, Summit Partners, Christian Bach.
Paebbl is a European startup founded in 2021 that develops innovative carbon-capture technology to produce carbon-storing construction materials, turning CO₂ into permanent building blocks for concrete and infrastructure.[1][2] The company serves the construction industry, which accounts for up to 8% of global greenhouse gas emissions and 38% of carbon emissions in the built environment, by mineralizing captured CO₂ with water and silicate rocks into high-performing supplementary cementitious materials via a low-energy, patented process that accelerates nature's carbonation by 10,000,000 times.[1][2] With around 20 employees across Rotterdam, Helsinki, and Stockholm, Paebbl has achieved rapid growth: from lab-scale to a 500L "Obelix" pilot reactor operational since November 2023, boosting CO₂ processing capacity 100x to 100 tons per year, with plans for commercial-scale deployment by 2027 and shipping samples to early adopters starting in 2024.[1][2]
Paebbl emerged from over 20 years of academic research into carbon mineralization, founded in 2021 as a Sweden-based innovative chemicals company with operations advancing in Rotterdam, Netherlands.[1][2][4] While specific founders are not detailed in available sources, co-founder and co-CEO has emphasized the technology's two-decade research foundation, positioning Obelix as a milestone to meet industry demand for decarbonizing construction.[1] Early traction came swiftly: within 36 months, the company scaled from grams to tons of daily production, commissioning the Obelix pilot in under six months, reflecting a mission-driven push to combat global warming at unprecedented speed.[1][2]
Paebbl rides the carbon capture and utilization (CCU) trend, addressing the construction sector's 40 billion tonnes annual concrete production and its 8% share of global emissions amid rising net-zero mandates.[2] Timing is critical as humanity emits 50 billion tonnes of CO₂ yearly, needing scalable solutions beyond storage to repurpose it into infrastructure—Paebbl's mineralization enables permanent removal while offsetting cement's high footprint.[1][2] Market forces like EU decarbonization policies, demand for low-carbon materials, and Rotterdam's industrial hub status favor expansion, positioning Paebbl to influence the built environment (38% of emissions) by making climate stabilization a byproduct of building.[1][4] As a mission-driven player, it challenges slow incumbents by scaling "one of the largest operations on the planet" in years, not decades, fostering a shift where CO₂ becomes a societal building block.[3][5]
Paebbl's trajectory points to aggressive scaling post-Obelix, with sample shipments to early adopters in 2024 and a full commercial plant by 2027, potentially capturing thousands of tons of CO₂ annually for construction deployment.[1][2] Trends like regulatory carbon pricing, green building standards, and CCU incentives will accelerate adoption, though competition from electrolysis-based rivals and supply chain hurdles for silicates could shape challenges. Their influence may evolve from pilot innovator to ecosystem shaper, enabling gigaton-scale CO₂ utilization if scaling matches ambition—ultimately proving CO₂ can rebuild a decarbonized world, as their tech transforms emissions from liability to literal foundation.
Paebbl has raised $37.7M across 3 funding rounds. Most recently, it raised $4.7M Grant in December 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 23, 2025 | $4.7M Grant | European Innovation Council | |
| Oct 1, 2024 | $25.0M Series A | Christian Knott | Khosla Ventures, Marie Ekeland, 2050, Aurum Impact, Grantham Foundation, Holcim, Pale Blue Dot |
| Oct 1, 2022 | $8.0M Seed | Summit Partners, Christian Bach |