Seed · Climate tech
Ki 13 raises $5m seed led by HICO Investment Group
The financing supports an industrial biomass-electrolysis pilot, engineering and validation.
Ki 13 raised $5 million in seed financing led by HICO Investment Group, with Burgest, Triple Impact Ventures, GiTV and Desai Ventures participating. Innovate UK match funding was also announced.
The company will build an industrial pilot and validate its process at larger scale. The system produces hydrogen and biogenic carbon dioxide from biomass residues for synthetic-fuel production.
Use of funds
Build an industrial pilot plant for biomass electrolysis
Test the technology at larger scale and advance it toward commercial deployment
Funding history
Seed · This round$5M