Calgary’s Carbon Upcycling has added cleantech industry pioneer Steven Berkenfeld to its board as Chair.
Carbon Upcycling is a leader in circular decarbonization solutions for hard-to-abate sectors, including cement, steel, and mining.
After retiring from a career in investment banking in 2019, Berkenfeld has since focused on working with early-stage climate tech and sustainability companies as President of Ecotopia Consulting. Currently, he serves as Chief Strategy Officer at Brightcore Energy and on multiple corporate boards, notably as Board Chair of Svante.
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Berkenfeld’s extensive financial experience includes senior roles at Barclays Capital and Lehman Brothers, where he led initiatives in environmental and social impact banking, cleantech, and private equity investing.
“Carbon Upcycling’s innovative approach to both decarbonization and carbon capture and utilization has significant potential to address the challenge of reducing carbon emissions while creating value for hard-to-abate sectors,” said Berkenfeld.
“I look forward to working with CEO Apoorv Sinha, his team, and the rest of the board to help bring sustainable solutions to the forefront of these foundational industries.”
Last year Carbon Upcycling closed a $34.3 million Series A funding round co-led by BDC Capital’s Climate Tech Fund and Climate Investment.
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