About Spiritus
Spiritus is a company based in Los Alamos (United States) founded in 2022 by Charles Cadieu and Matthew Lee. It operates as a Product-as-a-Service. Spiritus has raised $41 million across 4 funding rounds from investors including Khosla Ventures, Mitsubishi Heavy Industries and TDK Ventures. The company has 8 employees as of December 31, 2023. Spiritus offers products and services including Carbon Dioxide Removal and Orchard Power. Spiritus operates in a competitive market with competitors including CarbonCapture, Climeworks, Carbon Engineering, Global Thermostat and Mission Zero, among others.
- Headquarter Los Alamos, United States
- Employees 8 as on 31 Dec, 2023
- Founders Charles Cadieu, Matthew Lee
-
Sectors
Environment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Spiritus Technologies
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$41 M (USD)
in 4 rounds
-
Latest Funding Round
-
Investors
Khosla Ventures
& 4 more
-
Employee Count
8
as on Dec 31, 2023
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Spiritus
Spiritus offers a comprehensive portfolio of products and services, including Carbon Dioxide Removal and Orchard Power. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Carbon dioxide is removed using innovative DAC technology.
Net-zero power is delivered without intermittency issues efficiently.
Funding Insights of Spiritus
Spiritus has successfully raised a total of $41M 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
-
First Round
First Round
(12 Sep 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series A - Spiritus | Valuation |
investors |
|
| Oct, 2024 | Amount | Series A - Spiritus | Valuation | Aramco Ventures | |
| May, 2024 | Amount | Series A - Spiritus | Valuation | Aramco Ventures |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Spiritus
Spiritus has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Khosla Ventures, Mitsubishi Heavy Industries and TDK Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage tech startups are invested in globally by TDK Ventures.
|
Founded Year | Domain | Location | |
|
Early-stage startups are targeted for investment by Aramco Ventures.
|
Founded Year | Domain | Location | |
|
Early-stage startups are funded by this venture capital firm.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Spiritus
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Spiritus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spiritus Comparisons
Competitors of Spiritus
Spiritus 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 CarbonCapture, Climeworks, Carbon Engineering, Global Thermostat and Mission Zero, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of modular direct air capture systems and carbon removal credits
|
|
| domain | founded_year | HQ Location |
Carbon removal solutions are provided for businesses and individuals.
|
|
| domain | founded_year | HQ Location |
Carbon dioxide is captured from the atmosphere by Carbon Engineering.
|
|
| domain | founded_year | HQ Location |
Carbon capture solutions from air and industrial sources are provided.
|
|
| domain | founded_year | HQ Location |
Carbon dioxide is recovered from the atmosphere through developed technology.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Spiritus
Frequently Asked Questions about Spiritus
When was Spiritus founded?
Spiritus was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Spiritus located?
Spiritus is headquartered in Los Alamos, United States. It is registered at Los Alamos, New Mexico, United States.
Who is the current CEO of Spiritus?
Charles Cadieu is the current CEO of Spiritus. They have also founded this company.
Is Spiritus a funded company?
Spiritus is a funded company, having raised a total of $41M across 4 funding rounds to date.
How many employees does Spiritus have?
As of Dec 31, 2023, the latest employee count at Spiritus is 8.
What does Spiritus do?
Direct air capture technology is pioneered by Spiritus to address high-cost atmospheric carbon removal. Solutions are offered in the renewable energy sector, focusing on carbon dioxide removal and net-zero power generation. Novel sorbent materials and process innovations are utilized to reduce operational and capital expenses. Products like Carbon Dioxide Removal and Orchard Power are designed to achieve carbon neutrality at competitive costs.
Who are the top competitors of Spiritus?
Spiritus's top competitors include Carbon Engineering, Climeworks and Noya.
What products or services does Spiritus offer?
Spiritus offers Carbon Dioxide Removal and Orchard Power.
Who are Spiritus's investors?
Spiritus has 5 investors. Key investors include Khosla Ventures, Mitsubishi Heavy Industries, TDK Ventures, Aramco Ventures, and Page One Ventures.