Graforce Secures Funding for Methane Plasma Pyrolysis Expansion
Graforce has secured double-digit million funding from a consortium including Calderion, Terravent, and Wenco Family Office. The funds will be used for technological advancements, new industrial plants, and international market development, primarily targeting the steel, chemical, and transport sectors. Graforce's methane plasma pyrolysis technology produces hydrogen and industrial carbon without CO2 emissions. The company is also deepening its partnership with RAG Austria to enhance plant efficiency and support the use of renewable energy.
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Graforce has obtained double-digit million funding from a consortium comprising Calderion, Terravent, and Wenco Family Office to scale its methane plasma pyrolysis technology. The funding will aid technological advancements, the establishment of additional industrial plants, and international market expansion.
Graforce's technology transforms methane-containing gases into hydrogen and high-purity carbon without CO2 emissions, with the potential for a negative CO2 footprint when using biogenic materials. The company is also enhancing its partnership with RAG Austria to optimize system efficiency and integrate renewable energy in modular plants.
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