Last deal

$18M

Amount

Series A

Stage

28.11.2023

Date

7

all rounds

$27.5M

Total amount

General

About Company
Carbo Culture is a Nordic-American startup that removes carbon from the atmosphere and turns it into a functional material called biocarbon.

Industry

Sector :

Subsector :

founded date

15.08.2016

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

Through their patented technology, Carbo Culture converts woody waste into biocarbon, which has two benefits: it maintains a stable form that keeps carbon out of the atmosphere for up to 1,000 years, and it can be used for environmental benefits such as biomaterials or soil. In addition, the company's energy conversion technology aims to change the way charcoal is sourced for industry and agriculture use, providing clients with scientific and carbon-negative ways of energy production techniques. By converting carbon from waste plant biomass, Carbo Culture produces carbon credits, heat, and high-quality biochar for agricultural and industrial uses.
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