(AOF) – GTT Strategic Ventures, the GTT group’s investment fund dedicated to supporting climate tech champions, announces that it has participated in a fundraising totaling 4 million euros to support the development of CryoCollect (French engineering company specializing in gas processing technologies). This investment was made alongside Engie New Ventures, Engie’s investment fund dedicated to innovative startups supporting the energy transition.
The new investors join the founder and historic shareholders of CryoCollect.
Since its creation in 2017, CryoCollect has specialized in the design and engineering of technologies for the treatment, liquefaction and separation of gases such as biomethane, carbon dioxide or hydrogen.
To support the energy transition, CryoCollect is extending its expertise in gas processing and liquefaction to other sectors, such as industrial and on-board CO2 capture and the liquefaction of methane (CH4) and BioLNG to transport biomethane and use as a sustainable fuel.
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