# Carbon Upcycling Technologies funding: rounds and investors

> Carbon Upcycling Technologies has raised $10M across 1 round since 2026. Investors include ATEL Ventures, BDC Capital and Creative Destruction Lab.

Source: https://millionrounds.com/company/carbon-upcycling-technologies (Millionrounds; every figure on the page links to its filing or article)

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Carbon Upcycling Technologies*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Climate Tech Construction

Raised 7 months ago

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Funding summary Updated 7 Nov 2026

**$10M** raised across 1 round since 2026, from 2 sources

- **Latest round:** Debt, $10M Apr 2026
- **Led by:** ATEL Ventures
- **Investors:** 4 (1 led)

See who backed them

## The rounds

- **Apr 2026** Debt **$10M** [ATEL Ventures](https://millionrounds.com/fund/atel-ventures) Lead [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) [Government of Canada](https://millionrounds.com/fund/government-of-canada) Reported by Ventureburn and 1 other

## Everyone who backed them

[ATEL Ventures](https://millionrounds.com/fund/atel-ventures) VC firm **1** round, led 1

[BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **1** round

[Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) Accelerator **1** round

[Government of Canada](https://millionrounds.com/fund/government-of-canada) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=carbon-upcycling-technologies).

## Quick answers about Carbon Upcycling Technologies

### Who invested in Carbon Upcycling Technologies?

Carbon Upcycling Technologies's investors include ATEL Ventures, BDC Capital, Creative Destruction Lab and Government of Canada. ATEL Ventures led its latest round.

### How much has Carbon Upcycling Technologies raised?

Carbon Upcycling Technologies has raised $10M across 1 round since 2026.

### When did Carbon Upcycling Technologies last raise?

Carbon Upcycling Technologies's most recent round was a Debt of $10M in Apr 2026, led by ATEL Ventures.

### What was Carbon Upcycling Technologies's biggest round?

Its most recent round, $10M in Apr 2026, is also its largest on record.

### Who backed Carbon Upcycling Technologies first?

Carbon Upcycling Technologies's first round on record, in Apr 2026, was backed by ATEL Ventures, BDC Capital and Creative Destruction Lab and 1 others.

### What stage is Carbon Upcycling Technologies at?

Carbon Upcycling Technologies's latest named round is a Debt, in Apr 2026.

### Where is Carbon Upcycling Technologies based?

Carbon Upcycling Technologies is based in Canada.

### Who led Carbon Upcycling Technologies's rounds?

ATEL Ventures led the Debt in 2026.

## Companies like Carbon Upcycling Technologies

In the same sector, and raised in the last eighteen months.

[**Evercloak** $1.7M · Oct 2026](https://millionrounds.com/company/evercloak)[**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**telMAX** $294M · Sept 2026](https://millionrounds.com/company/telmax)[**Kanin Energy** $100M · Sept 2026](https://millionrounds.com/company/kanin-energy)[**CERT Systems** $2.0M · Sept 2026](https://millionrounds.com/company/cert-systems)[**Brdg** $613K · Aug 2026](https://millionrounds.com/company/brdg)

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