funding

Belfast-based cleantech firm Nuada raises additonal €4m

Company has developed ‘heatless’ carbon capture technology that can help cement manufacturers to decarbonise their operations.

Nuada clients includes the cement manufacturers: Buzzi Unicem, Heidelberg Materials and Cementir Holding

Nuada, a Belfast-based cleantech company, has secured £3.4 million (€4 million) in investment in an extension to its £4.5m Series A round it announced last year.

The company formerly known as MOF Technologies, has developed what it describes as ‘heatless’ carbon capture technology that can help cement manufacturers to decarbonise their operations.

Nuada builds energy-efficient filtration machines that capture CO2 from industrial off-gases, empowering emitters in hard-to-abate sectors to reduce their carbon footprint with minimum ...