Carbon Upcycling Technologies Inc., a company dedicated to decarbonization and carbon capture & utilization in hard-to-abate industries, has announced the appointment of Steven Berkenfeld as the Chair of its Board of Directors. Berkenfeld has a wealth of experience in investment banking, climate tech, and sustainability, having held senior positions at Barclays Capital and Lehman Brothers. He has also been involved in various environmental and social impact banking initiatives, cleantech, and private equity investing. Berkenfeld’s financial expertise and dedication to fostering cleantech companies will be invaluable to Carbon Upcycling as it continues its mission of becoming the leading CarbonTech company of this decade and beyond.
Carbon Upcycling’s innovative approach involves pioneering advanced materials science to optimize carbon capture and transform CO2 into a valuable resource for heavy industry. This approach converts waste carbon into a circular asset, reducing reliance on fossil fuels and promoting material resource independence. By driving decarbonization and supply chain innovation, Carbon Upcycling aims to establish a new market around its novel process and technologies. The company is committed to leading the global transition to a carbon-to-value economy through scalable mineralization technologies.
Berkenfeld’s appointment as Chair of the Board will support Carbon Upcycling in scaling its technology and global footprint. His expertise in cleantech companies will be crucial as the company continues its mission of providing sustainable solutions to foundational industries and reducing carbon emissions while creating value for hard-to-abate sectors.