Leipzig-based enaDyne, a climate-tech startup pioneering non-thermal plasma catalysis, has raised €7 million in seed funding to transform the way chemicals are produced.
The round was co-led by Amadeus APEX Technology Fund and Energy Capital Ventures, with support from Antares Ventures, Possible Ventures, and returning business angels. Combined with €4.5M in grants, the company has now raised about €15M to date.
Building a Sustainable Alternative to Fossil-Based Chemistry
Founded in 2021 by Philipp Hahn, Christian Koch, Martin Drößiger, and Torsten Lorenz, enaDyne is developing fully-electric, modular reactors that convert CO₂ and process gases into valuable chemicals like syngas, methanol, and ethylene. The company’s proprietary enaCeramics electrodes work with plasma-active catalysts to achieve CO₂ conversion rates above 70%. Its containerized systems can be deployed quickly, scaled flexibly, and also abate persistent pollutants such as CF₄ and PFAS — emissions that are notoriously hard to treat with conventional processes.
“The chemical industry has been locked into fossil-based processes for over a century,” said Philipp Hahn, CEO of enaDyne. “We’re breaking that dependency with electricity and precision. Our reactors can be switched on like a light, deployed anywhere renewable energy exists, and turn waste CO₂ into the exact chemicals our customers need.”
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Funding Plans
The new capital will be used to:
- Build and deploy a 20-foot modular pilot plant at an industrial site by mid-2026.
- Advance a commercial product for PFAS abatement.
- Expand manufacturing capabilities for core hardware and consumables.
The company will also continue developing its CF₄ abatement technology, targeting emissions with a warming potential thousands of times stronger than CO₂.
Why It Matters
The chemical industry produces over 2 gigatons of CO₂ annually — about 5% of global emissions — while consuming 14% of global oil and 8% of global gas as feedstock. More than 70% of the world’s top chemical producers have pledged carbon neutrality by 2050, but current methods remain fossil-heavy and capital-intensive.
“What sets enaDyne apart is their precision approach—like using a scalpel instead of a hammer,” said Wolfgang Neubert, General Partner at APEX Ventures. “They’re proving you can profitably turn industrial waste into valuable chemicals while using a fraction of the energy of traditional methods.”
Recognition and Traction
enaDyne has already:
- Won the SPRIND Carbon-to-Value Challenge, Germany’s flagship carbon utilization competition.
- Secured its first paying pilot customers.
- Received the East German Innovation Award and Hello Tomorrow 2023 awards, among others.
The company’s 30-person team, spanning 14 nationalities, plans to grow modestly while expanding its IP portfolio and certification programs.
Looking ahead, enaDyne’s vision is to deploy tens of thousands of modular plasma reactors worldwide by 2050, becoming the global platform for sustainable chemical synthesis.
