Maersk invests in climate tech start-up C1

Climate tech start-up C1 has raised growth capital from Maersk Growth, the venture capital Arm of Danish carrier Maersk to scale their catalysis, which will enable the mass production of green methanol without the usual premium paid for sustainably produced methanol. "Besides the ability to function as a carbon-based feedstock for various chemical products, green methanol is the most tangible low-carbon fuel alternative to oil for container vessels today," says a release from C1.