GTT Strategic Ventures invests in high-performing materials for CO2 capture specialist novoMOF alongside Shift4Good, Regenerative ltd and existing shareholders | GTT
Summary
When precisely engineered, they can act as molecular cages, selectively capturing and separating target substances such as CO , methane or other high-value gases. novoMOFs materials will therefore contribute to reducing emissions in the shipping industry.H\xe9l\xe8ne Loncin, Head of Venture Capital at GTT, commented: "GTT Strategic Ventures is proud to support the development of novoMOF, whose high-performance materials will help address the challenge of decarbonising maritime transport. Together with our co-investors, we are pleased to back a talented and committed team whose work has the potential to make a real difference in CO reduction. With the support of GTT Strategic Ventures, Shift4Good, Regenerative, and our existing investors, we are accelerating the deployment of our advanced MOF materials where it matters mostat the heart of industrial, energy and transport emissions. Our goal is clear: to deliver meaningful impact on global emissions through cutting-edge materials and strong partnerships.