CATL Enters Biomanufacturing? Carbon Genesis Completes Series A Funding
Recently, Shanghai Tan Sheng Wan Wu Technology Co., Ltd. announced the completion of its A-round financing. The round was jointly led by Yellow River Delta Investment, GaoRong Capital, and Boyuan Capital, with new investors including CATL, Sungrow Power Supply, and Yifeng Capital.
Recently,Shanghai Tan Sheng Wan Wu Technology Co., Ltd. announces completion of Series A financing. This round is led byYellow River Delta Investment, GaoRong Capital, Boyuan CapitalJoint lead investment with simultaneous introductionCATL, Sungrow Power Solution, Yifeng CapitalWaiting for new shareholders.
The core technology of Carbon-Based Everything relies on Direct Air Capture (DAC) to extract carbon dioxide from the atmosphere. Using green hydrogen production and Fischer-Tropsch synthesis, it converts CO₂ into sustainable aviation fuel, synthetic gasoline, diesel, and other carbon-based products.
The proceeds from this round of financing will be used toCompany project for constructing a 1,000-ton-per-year DAC (Direct Air Capture) to e-SAF (Sustainable Aviation Fuel) facility in Ningxia, including process scale-up, core technology iteration, and recruitment of top global talent.Accelerate the critical leap from technical validation to scaled commercialization.
Since its inception, Carbon has established a clear roadmap: in 2026 1, it launched the Lingang R&D and Innovation Center with an investment of 3 billion yuan, while unveiling the world's largest 100-ton-per-year air-source sustainable aviation fuel (SAF) production line. According to the plan, a 1,000-ton-per-year pilot base will be built in Ningxia in 2026, and the first commercial SAF project of 5 million tons per year in China is scheduled to launch in 2027.
The technological pathway of carbon-based life generation fundamentally falls within the core scope of biomanufacturing—Use biological systems (enzymes, microbes) to convert low-cost carbon sources into high-value products.。
Raw MaterialsTraditional biomanufacturing relies primarily on grain-based feedstocks like glucose and starch. In contrast, Carbon-to-Life directly utilizes industrial CO₂ emissions, opening a new pathway for "non-food carbon sources." This helps overcome resource constraints driven by the competition with food production.
Conversion Endpoint：Zero-carbon materialsMaterials such as zero-carbon polyolefins and zero-carbon polyester fibers match the performance of traditional materials while significantly reducing the carbon footprint across downstream manufacturing sectors like packaging, textiles, and construction. They are a key choice for low-carbon industry transformation—delivering lower emissions without compromising quality.Zero-Carbon ChemicalsFocus on basic chemical raw materials such as butanol and short-chain olefins to achieve low-carbon production at the source, significantly reducing carbon emissions across the chemical industry and downstream sectors including pharmaceuticals, consumer goods, and agriculture.
In simple terms, what Carbon does is useBio-based Method Converts Waste Gas into New MaterialsThis is a real-world example of the "green, low-carbon, and sustainable" principles of biomanufacturing in action.
Among the investors in this round,CATL, SungrowThe emergence of these two leaders in the new energy value chain was no accident. Energy storage systems require high-efficiency thermal management materials, while photovoltaic auxiliary materials have a rigid demand for high-performance film materials—both key application scenarios for carbon-based new materials.
This means carbon utilization technologies are shifting from "environmental concepts" to genuine industrial demand. When leading downstream customers invest directly, the path to commercializing these technologies becomes clear.
This also sends a signal:The integration of "dual carbon" goals and biomanufacturing is shifting from policy-driven to market-driven.
2026 (2nd) EMBC Bio-Manufacturing Industry Conference & Exhibition (Summer)
2026 (2nd) EMBC Bio-Manufacturing Industry Conference & Exhibition (Summer)will be8 27-28Held in Shanghai, the exhibition will invite2000+ Attendees,100+Speaker,20+Premium exhibitors, featuring "Exhibitions - Conferences - Meetings - EventsFour core modules focused on "breakthroughs in fundamental research + cross-domain industrial implementation."
Whether you are an entrepreneur, investor, technical expert, or procurement decision-maker in the bio-manufacturing sector, this exhibition offers a platform to explore the latest policy trends and industry developments, connect with top-tier capital and high-quality projects, and showcase cutting-edge technologies and innovative products.
