Avantium Spins Out Volta Technology into New Company Carbeau, Securing Significant Growth Funding
Avantium N.V., a pioneer in renewable and circular polymer materials, today announces the spin‑out of its electrochemical platform, previously known as Volta Technology, into a new, independent company named Carbeau, with retrospective effect from 1 April 2026. Carbeau is backed by a strong investor consortium comprising GKT, Invest‑NL, Al Baleed Petrochemical and NOM, alongside Avantium. Volta Technology is an electrochemical platform that converts CO₂ into high-performing chemicals using electricity, enabling the use of CO₂ as a raw material rather than a waste stream. Carbeau has secured a total of €35.2 million in funding. This includes €23.7 million in cash contributions from external investors and an 11.5 million in-kind contribution (non-cash) from Avantium. Following the transaction, Avantium retains a 32.7% shareholding in Carbeau. The external investor group brings together complementary industrial, financial and regional expertise. Strategic partners comprise GKT GmbH, based...