Carbon Recycling International is the globally-recognized leader in CO2 to methanol technology, operating at industrial scale since 2012. We enable our partners to produce renewable methanol from carbon dioxide and hydrogen, for more sustainable fuels, chemicals and products.
We work with industry around the world to develop transformative projects creating valuable products from waste gases and renewable energy. Our latest plant in construction will be the largest of its type in the world, recycling around 160,000 tonnes per year of carbon dioxide into methanol.
We work with industry around the world to develop transformative projects creating valuable products from waste gases and renewable energy. Our latest plant in construction will be the largest of its type in the world, recycling around 160,000 tonnes per year of carbon dioxide into methanol.
Location: Iceland, Kópavogur
Employees: 11-50
Total raised: $30M
Founded date: 2006
Investors 1
| Date | Name | Website |
| - | Eyrir Inve... | eyrir.is |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 28.06.2023 | - | $30M | - |
Mentions in press and media 5
| Date | Title | Description |
| 22.08.2024 | Iceland: Tech innovations from the land of fire and ice | The Icelandic tech ecosystem thrives despite its small population, fostered by robust physical infrastructure and an innovative spirit born of necessity. Entrepreneurs, inherently global-minded due to Iceland's limited consumer market, bene... |
| 28.06.2023 | CRI Closes USD30M Financing Round | Carbon Recycling International (CRI), a Reykjavik, Iceland-based carbon recycling company that produces methanol from carbon dioxide, closed a USD30m financing round. The round was led by Equinor Ventures Gildi, with participation from Sjóv... |
| 26.04.2019 | Here are 10 cool Icelandic tech startups to work for in 2019 | Iceland is a Nordic island and a very sparsely populated nation. But it ranks first in the world in gender equality and Global Peace Index. The most interesting aspect is that the whole of Iceland runs on renewable energy, almost. Also, the... |
| 18.01.2016 | Investment in Iceland saw record high in 2015 | A Nordic Web Report on Icelandic tech and startup investments in 2015 shows a staggering 1,568% growth in year-on-year funding from 2014 to 2015. Number of investments rose from seven to seventeen. This massive growth in funding is mainly ... |
| - | Carbon Recycling International | “Carbon Recycling International (CRI) is the world leader in CO2 to methanol technology. We produce renewable e-methanol from carbon dioxide (CO2), hydrogen (H2), and electricity for energy storage, fuel and chemical applications, efficienc... |