CarbonCapture

Los Angeles, United States Founded: 2019 • Age: 7 yrs
Developer of modular direct air capture systems and carbon removal credits
Annual revenue - Latest available
Total funding $115.0M 4 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About CarbonCapture

CarbonCapture is a company based in Los Angeles (United States) founded in 2019 by Bill Gross. CarbonCapture has raised $115 million across 4 funding rounds from investors including Siemens, Rio Tinto and DOE. CarbonCapture operates in a competitive market with competitors including Climeworks, Carbon Engineering, Spiritus, Global Thermostat and Mission Zero, among others.

  • Headquarter Los Angeles, United States
  • Founders Bill Gross
  • Sectors
    Environment
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Carbon Capture, Inc.
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $115 M (USD)

    in 4 rounds

  • Latest Funding Round
    $80 M (USD), Series A

    Mar 12, 2024

  • Investors
    Siemens

    & 10 more

  • Employee Count
    Not available
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People of CarbonCapture

Headcount 10-50
Employee Profiles 17
Board Members and Advisors 1
Employee Profiles
People
Surya Parker
Lead Research Scientist
People
Adrian Corless
CEO & CTO
People
Saeb Besarati
VP, Technology
People
David Wait
Principal Systems Engineer

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Board Members and Advisors
people
Bill Gross
Chairman & Co-founder

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Funding Insights of CarbonCapture

CarbonCapture has successfully raised a total of $115M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $80 million completed in March 2024. 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 CarbonCapture

CarbonCapture has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Siemens, Rio Tinto and DOE.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A global initiative focused on net-zero carbon emissions by 2040 through company commitments.
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Early-stage startups are targeted for investment by Aramco Ventures.
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Venture capital fund focused on multiple sectors
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Investor details for CarbonCapture

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  • Investor domains
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Investments & Acquisitions by CarbonCapture

Investments
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Investment portfolio details for CarbonCapture

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Financial Statements - CarbonCapture

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Detailed financials for CarbonCapture

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Carboncapture Comparisons

CarbonCapture Primary company
Description
Developer of modular direct air capture systems and carbon r...
Location
Los Angeles, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for CarbonCapture

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Competitors of CarbonCapture

CarbonCapture 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 Climeworks, Carbon Engineering, Spiritus, Global Thermostat and Mission Zero, among others.

Company Name Domain Founded year HQ Location Description
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Carbon removal solutions are provided for businesses and individuals.
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Carbon dioxide is captured from the atmosphere by Carbon Engineering.
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Innovative direct air capture technology is developed by Spiritus.
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Carbon capture solutions from air and industrial sources are provided.
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Carbon dioxide is recovered from the atmosphere through developed technology.
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Detailed competitors of CarbonCapture

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Latest news on Carboncapture

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Complete news archive for CarbonCapture

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Frequently Asked Questions about CarbonCapture

CarbonCapture was founded in 2019 and raised its 1st funding round 2 years after it was founded.

CarbonCapture is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Adrian Corless is the current CEO of CarbonCapture.

CarbonCapture is a funded company, having raised a total of $115M across 4 funding rounds to date.

Developer of modular direct air capture systems and carbon removal credits. It designs and manufactures modular direct air capture (DAC) systems for atmospheric carbon dioxide removal. These systems utilize solid sorbents to capture CO2, which can then be permanently stored or used in various applications. The company also develops and deploys its DAC systems at its own carbon removal projects, allowing for continuous improvement and efficiency gains. High-quality carbon removal credits are generated through a combination of atmospheric carbon removal and permanent geological storage, offering verifiable and measurable results.

CarbonCapture's top competitors include Carbon Engineering, Climeworks and Spiritus.

CarbonCapture has 11 investors. Key investors include Siemens, Rio Tinto, DOE, Idealabx, and The Climate Pledge.

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