Remora

Wixom, United States Founded: 2020 • Age: 6 yrs
Carbon capture solutions are provided for vehicles by Remora.
Annual revenue - Latest available
Total funding $5.6M 4 rounds
Employees 48 Tracked headcount
Investors 8 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Remora

Remora is a company based in Wixom (United States) founded in 2020 by Paul Gross. It operates as a Green Energy-as-a-Service and Revenue Share. Remora has raised $5.63 million across 4 funding rounds from investors including Climate Capital, Union Square Ventures and Lowercarbon Capital. The company has 48 employees as of December 31, 2022. Remora offers products and services including Carbon Capture for Vehicles. Remora operates in a competitive market with competitors including Zedify, ULEMCo, ClearFlame, Tula Technology and BasiGo, among others.

  • Headquarter Wixom, United States
  • Employees 48 as on 31 Dec, 2022
  • Founders Paul Gross
  • Sectors
    Environment
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Echeneidae Inc.
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $5.63 M (USD)

    in 4 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    48

    as on Dec 31, 2022

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Products & Services of Remora

Remora offers a comprehensive portfolio of products and services, including Carbon Capture for Vehicles.

Product name locked
Category locked
Primary

Carbon capture technology is installed on vehicles.

People of Remora

Headcount 10-50
Employee Profiles 16
Board Members and Advisors 8
Employee Profiles
People
Paul Gross
Co-Founder & Co-CEO
People
Julia Stuart
Mechanical Engineering
People
Jared Thompson
Director Of Engineering - Electrical, Controls, And Integration
People
Yeabsera Kebede
System Engineering Manager

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Board Members and Advisors
people
Albert Wenger
Advisor
people
Clay Dumas
Advisor
people
Bill Trenchard
Advisor
people
Ali Partovi
Advisor

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Funding Insights of Remora

Remora has successfully raised a total of $5.63M across 4 strategic funding rounds. 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 Remora

Remora has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Climate Capital, Union Square Ventures and Lowercarbon Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital is invested in climate tech startups and entrepreneurs.
Locked Locked Locked
Venture capital firm focused on blockchain, wellbeing, and multiple sectors
Locked Locked Locked
Venture capital fund focused on tech startups
Locked Locked Locked
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Investor details for Remora

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Remora

Investments
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Investment portfolio details for Remora

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  • Transaction dates
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Financial Statements - Remora

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Detailed financials for Remora

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  • Profit trends
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Remora Comparisons

Remora Primary company
Description
Carbon capture solutions are provided for vehicles by Remora...
Location
Wixom, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
48
As of 2022
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Peer comparison for Remora

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Competitors of Remora

Remora 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 Zedify, ULEMCo, ClearFlame, Tula Technology and BasiGo, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Zero-emission last mile delivery solutions are provided to businesses.
Locked Locked Locked
Low-emission hydrogen-fueled vehicles are manufactured by converting diesel commercial trucks.
Locked Locked Locked
Carbon reduction solutions are provided for industrial sectors worldwide.
Locked Locked Locked
Software solutions for fuel saving in engines are developed.
Locked Locked Locked
Public transport services are provided in Nairobi, Kenya.
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Detailed competitors of Remora

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Latest news on Remora

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Complete news archive for Remora

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Remora

Remora was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Remora is headquartered in Wixom, United States. It is registered at Wixom, Michigan, United States.

Paul Gross is the current CEO of Remora. They have also founded this company.

Remora is a funded company, having raised a total of $5.63M across 4 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Remora is 48.

Carbon capture technology is developed and deployed by Remora for locomotives and semi-trucks. The focus is on extracting and purifying CO2 from vehicle exhausts in the transportation sector. Up to 90 of CO2 is captured, while soot and pollutants are reduced. Revenue is generated by selling purified CO2 and sharing profits with operators.

Remora's top competitors include Zedify, ULEMCo and BasiGo.

Remora offers Carbon Capture for Vehicles.

Remora has 8 investors. Key investors include Climate Capital, Union Square Ventures, Lowercarbon Capital, First Round Capital, and Y Combinator.

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