About Carbon Engineering
Carbon Engineering is a company based in Squamish (Canada) founded in 2009 was acquired by Oxy in August 2023. It operates as a Green Energy-as-a-Service. Carbon Engineering has raised $107.06 million across 8 funding rounds from investors including Airbus, Oxy and Air Canada. Carbon Engineering offers products and services including Direct Air Capture and AIR TO FUELS. Carbon Engineering operates in a competitive market with competitors including Raízen, GPS Renewables, Climeworks, CarbonCapture and Spiritus, among others.
- Headquarter Squamish, Canada
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Sectors
Environment
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- Legal Name Carbon Engineering Ulc
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Products & Services of Carbon Engineering
Carbon Engineering offers a comprehensive portfolio of products and services, including Direct Air Capture and AIR TO FUELS.
Carbon dioxide is captured directly from the atmosphere.
Synthetic fuels are produced using captured carbon dioxide.
People of Carbon Engineering
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Funding Insights of Carbon Engineering
Carbon Engineering has successfully raised a total of $107.06M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $6.75 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Carbon Engineering
Carbon Engineering has secured backing from 9 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Airbus, Oxy and Air Canada.
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Funding is provided for emissions reduction technologies in Alberta.
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Passenger transportation and logistics services are provided by Air Canada.
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Commercial aircraft, helicopters, satellites, and launch vehicles are manufactured.
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Investor details for Carbon Engineering
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Investments & Acquisitions by Carbon Engineering
Investment portfolio details for Carbon Engineering
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Financial Statements - Carbon Engineering
Detailed financials for Carbon Engineering
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Carbon Engineering Comparisons
Peer comparison for Carbon Engineering
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Competitors of Carbon Engineering
Carbon Engineering operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Raízen, GPS Renewables, Climeworks, CarbonCapture and Spiritus, among others.
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Bioenergy from waste products is produced, including ethanol and biogas.
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Biogas engineering and clean fuels technology solutions are provided.
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Carbon removal solutions are provided for businesses and individuals.
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Developer of modular direct air capture systems and carbon removal credits
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Innovative direct air capture technology is developed by Spiritus.
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Detailed competitors of Carbon Engineering
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Latest news on Carbon Engineering
Complete news archive for Carbon Engineering
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Frequently Asked Questions about Carbon Engineering
Carbon Engineering was founded in 2009.
Carbon Engineering is headquartered in Squamish, Canada. It is registered at Squamish, British Columbia, Canada.
Carbon Engineering is a funded company, having raised a total of $107.06M across 8 funding rounds to date.
Carbon Engineering is focused on the development and deployment of Direct Air Capture technology to remove carbon dioxide from the atmosphere. The company operates in the climate technology sector, providing solutions to address climate change challenges. Innovations are tested and validated at their dedicated Innovation Centre in Squamish, British Columbia. Additionally, technologies like AIR TO FUELS are developed to create synthetic fuels using captured carbon. Large-scale deployment is pursued through partnerships to scale this critical climate solution globally.
Carbon Engineering's top competitors include GPS Renewables, Climeworks and Raízen.
Carbon Engineering offers Direct Air Capture and AIR TO FUELS.
Carbon Engineering has 9 investors. Key investors include Airbus, Oxy, Air Canada, Chevron, and BHP.