About Planetary Technologies
Planetary Technologies is a company based in Dartmouth (Canada) founded in 2019 by Greg Rau and Mike Kelland. It operates as a Green Energy-as-a-Service. Planetary Technologies has raised $14.65 million across 4 funding rounds from investors including BDC, XPRIZE and Evok Innovations. Planetary Technologies offers products and services including Seawater Restoration and Ocean Alkalinity Enhancement (OAE). Planetary Technologies operates in a competitive market with competitors including Captura Corp, Planetary, Ebb Carbon, Lillianah Technologies and Project Vesta, among others.
- Headquarter Dartmouth, Canada
- Founders Greg Rau, Mike Kelland
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Sectors
Environment
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Email
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Phone
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Website
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Social
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- Legal Name Planetary Technologies, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$14.65 M (USD)
in 4 rounds
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Latest Funding Round
$11.35 M (USD), Series A
Oct 24, 2024
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Investors
BDC
& 8 more
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Employee Count
Not available
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Products & Services of Planetary Technologies
Planetary Technologies offers a comprehensive portfolio of products and services, including Seawater Restoration and Ocean Alkalinity Enhancement (OAE).
Seawater chemistry is restored to remove carbon dioxide.
Ocean alkalinity is enhanced for carbon dioxide conversion.
People of Planetary Technologies
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Funding Insights of Planetary Technologies
Planetary Technologies has successfully raised a total of $14.65M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $11.35 million completed in October 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 Planetary Technologies
Planetary Technologies has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include BDC, XPRIZE and Evok Innovations.
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Amplify Capital is focused on impact-driven investments.
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Investments in B2B sectors are made by DNX Ventures.
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Investor details for Planetary Technologies
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Investments & Acquisitions by Planetary Technologies
Investment portfolio details for Planetary Technologies
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Financial Statements - Planetary Technologies
Detailed financials for Planetary Technologies
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Planetary Technologies Comparisons
Peer comparison for Planetary Technologies
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Competitors of Planetary Technologies
Planetary Technologies 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 Captura Corp, Planetary, Ebb Carbon, Lillianah Technologies and Project Vesta, among others.
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Ocean carbon is captured via electrodialysis technology processes.
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Open-source decentralized social platform for secure, private content sharing.
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Provides carbon capture and removal using electrochemistry
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Carbon offset solutions are offered via an online platform.
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Developer of a mineral-based process for carbon dioxide removal and storage
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Carbon dioxide is captured and mineralized via limestone-based processes.
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Detailed competitors of Planetary Technologies
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Latest news on Planetary Technologies
Complete news archive for Planetary Technologies
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Frequently Asked Questions about Planetary Technologies
Planetary Technologies was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Planetary Technologies is headquartered in Dartmouth, Canada. It is registered at Dartmouth, Nova Scotia, Canada.
Mike Kelland is the current CEO of Planetary Technologies. They have also founded this company.
Planetary Technologies is a funded company, having raised a total of $14.65M across 4 funding rounds to date.
Planetary Technologies is focused on seawater restoration to address climate change. Ocean alkalinity enhancement (OAE) is utilized to increase the oceans capacity to absorb carbon dioxide. Solutions are integrated into existing coastal infrastructure like power plants. The environmental impact is prioritized through scientific collaboration and third-party verification. Operations are conducted in regions such as Nova Scotia and Elizabeth River. Marine ecosystems are strengthened by reducing ocean acidity. Ethical and sustainable practices are maintained through a strict code of conduct.
Planetary Technologies's top competitors include Captura Corp, Ebb Carbon and Vycarb.
Planetary Technologies offers Seawater Restoration and Ocean Alkalinity Enhancement (OAE).
Planetary Technologies has 9 investors. Key investors include BDC, XPRIZE, Evok Innovations, Amplify Capital, and DNX Ventures.