Carbfix
Carbfix provides a natural and permanent storage solution by turning CO2 into stone underground in less than two years.
Carbfix has raised €118M across 3 funding rounds from 2 investors. Based in Reykjavík, Iceland; active in Cleantech. Data as of 28 Oct 2026.
Reykjavík, Icelandwww.carbfix.com ↗
Total raised
€118M
€118,102,050
Funding rounds
3
Investors
2
distinct backers
Active since
2021-08
Funding by year
EUR raised per yearCarbfix — funding by year — interactive chart.
Data table
| Carbfix — funding by year | |
|---|---|
| 2021 | €3.9M |
| 2022 | €114M |
Signals
High confidenceRaise-next likelihood9
base rate 45% for Grant
- ▼ Dormant (no round in 3+ cohort gaps)
- ▲ Up-round momentum
- ▼ Low backer re-investment
Exit likelihood11
base rate 11% (2+ rounds)
- ▲ €100M+ raised
- ▲ 5y since founding (typical exit age)
- ▼ No recent equity round (debt-only or quiet)
Timing: dormant vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
3 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| — | Other | — | — | View deal → |
| 2022-07-19 | Grant | €114M | EU Innovation Fund | View deal → |
| 2021-08-13 | Grant | €3.9M | Innovation Fund | View deal → |
Investors
2Related news
- The biggest EU grant to Iceland so far goes to Carbfixnorthstack.is · 2022-07
- Carbfix and ON receive a 3.9m€ grant from the EU Innovation Fund | Northstacknorthstack.is · 2021-08
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Global coverage: FundingData