OXCCU TECH LTD Successfully Raises $18M in Series A Funding for Revolutionary Sustainable Energy & Chemical Innovation!

OXCCU TECH LTD, a pioneering force in the realm of sustainable energy and advanced materials, has successfully raised an impressive £18 million in funding. Founded in 2021 and spun out from the prestigious University of Oxford, OXCCU is dedicated to pushing the boundaries of scientific innovation to reimagine the future of energy and materials production. The funds will be allocated towards scaling up its cutting-edge technology, which uniquely combines captured CO2 with hydrogen derived from water and renewable electricity. This process produces lower carbon or circular fuels, sustainable chemicals, and biodegradable plastics—solutions that are vital as we face the pressing challenge of climate change. With fossil fuels still representing 82% of the global energy consumption in 2022, OXCCU stands at the forefront of a necessary transition towards zero-emission sources within the next three decades. The company addresses the critical need for sustainable long-distance aviation fuels and petrochemicals, areas where direct renewable electricity usage poses significant challenges. OXCCU's innovative one-step process, driven by inexpensive catalysts, efficiently converts CO2 into valuable hydrocarbons, paving the way for a truly circular economy. This breakthrough offers a vision where consumers can confidently use everyday products—be it fuel for flights, household chemicals, or biodegradable plastics—without compromising our planet's health. The company, co-founded by Andrew Symes and Jane Jin, is backed by decades of research and scientific advancements from esteemed academics, ensuring that OXCCU is not just a company for today, but a cornerstone for a sustainable tomorrow.