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RenewCO2 — Seed
In Conversation Fund: StoryHouse Fund II  ·  Valuation: $16M
Dossier generated 2026-05-27 by /deal-dossier  ·  Deal record: rec1Y8EZbA1vFgQwG  ·  Source: Airtable appjxAR3LPe3fkHOp

One-Liner & Thesis

Develops processes for converting CO2 into chemicals and fuels RenewCO2 operates in Renewable Energy, Chemical; this dossier captures the Seed we participated in.

via StoryHouse Fund II, at a $16M valuation, in a $4M round, alongside Energy Transition Ventures, Dainipon Printing, Breakthrough Ventures.

Deal Box

Round Size
$4M
Valuation / Cap
$16M
Co-Investors
Energy Transition Ventures, Dainipon Printing, Breakthrough Ventures
Fund
StoryHouse Fund II
Funding Round
Seed

Company Snapshot

Sector
Renewable Energy, Chemical
Location
Newark, New Jersey
Year Founded
2018-08-01
Website
www.renewco2.com
Status
Private

Founders

Arne Ballantine
Founder/team member at RenewCO2.
Anders Laursen
Founder/team member at RenewCO2.

Latest Meeting Notes

2026-05-22 — Reference Call Notes - 2026-05-22

Email from Neal Dikeman with INvestment Memo for RenewCO2 Gentlemen, as promised our prior investment memo for this round last year. Since then in the last 10 months: • Did our JDAs with DNP and Ohmium  • Brought Arne Ballantine on as co CEO • Opened India and brought on first hires • In negotiations with a chemicals site in Louisiana and a majo…

Source: Meeting Notes recwaXvjYpxUaafaM

2026-05-22 — Reference Call Notes - 2026-05-22

_RAW NOTES:_ Energy Transition Ventures & Neal’s Background • Neal co-founded ETV with partner Craig (ex-Excel, did Sunrun/Opower in cleantech 1.0) • Early stage energy specialist fund, conviction-based (10-12 deals per fund) • Main investor: GS Group (Korean conglomerate running large refineries, EPC) • Strategy: Push companies global fr…

Source: Meeting Notes recmZOogGOOjImSus

2026-05-21 — Deal Call Notes - 2026-05-21

RAW NOTES Energy Transition Ventures & Neal’s Background • Neal co-founded ETV with partner Craig (ex-Accel, did Sunrun/Opower in cleantech 1.0) • Early stage energy specialist fund, conviction-based (10-12 deals per fund) • Main investor: GS Group (Korean conglomerate running large refineries, EPC) • Strategy: Push companies global from…

Source: Meeting Notes recqsahPQbGpvB80Q