About Summit Carbon Solutions
Summit Carbon Solutions is a company based in Ames (United States) founded in 2021 by Bruce Rastetter. Summit Carbon Solutions has raised $1.32 billion across 3 funding rounds from investors including John Deere, Continental Resources and The Rise Fund. The company has 32 employees as of September 30, 2020. Summit Carbon Solutions offers products and services including CO2 Capture Services and Transport and Storage Services. Summit Carbon Solutions operates in a competitive market with competitors including Carbon Clean, Charm Industrial, Svante, Storegga Geotechnologies and RepAir, among others.
- Headquarter Ames, United States
- Employees 32 as on 30 Sep, 2020
- Founders Bruce Rastetter
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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 Summit Carbon Solutions, Llc
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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
$1.32 B (USD)
in 3 rounds
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Latest Funding Round
$250 M (USD), Series C
Mar 04, 2022
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Investors
John Deere
& 2 more
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Employee Count
32
as on Sep 30, 2020
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Products & Services of Summit Carbon Solutions
Summit Carbon Solutions offers a comprehensive portfolio of products and services, including CO2 Capture Services and Transport and Storage Services.
Captures and stores CO2 from ethanol plants to reduce emissions
Transports and securely stores captured CO2 for environmental benefits
People of Summit Carbon Solutions
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Funding Insights of Summit Carbon Solutions
Summit Carbon Solutions has successfully raised a total of $1.32B across 3 strategic funding rounds. The most recent funding activity was a Series C round of $250 million completed in March 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 Summit Carbon Solutions
Summit Carbon Solutions has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include John Deere, Continental Resources and The Rise Fund.
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Continental Resources is engaged in oil and natural gas production.
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Tractors and mechanized off-highway equipment are manufactured.
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Investor details for Summit Carbon Solutions
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Investments & Acquisitions by Summit Carbon Solutions
Investment portfolio details for Summit Carbon Solutions
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Financial Statements - Summit Carbon Solutions
Detailed financials for Summit Carbon Solutions
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Summit Carbon Solutions Comparisons
Peer comparison for Summit Carbon Solutions
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Competitors of Summit Carbon Solutions
Summit Carbon Solutions 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 Carbon Clean, Charm Industrial, Svante, Storegga Geotechnologies and RepAir, among others.
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Provider of modular carbon capture technology and industrial decarbonization solutions
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Bio-oil-based carbon removal technology is developed from agricultural residues.
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Carbon capture solutions from air are provided for industrial emissions.
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Geological storage for CO2 emissions and hydrogen projects is developed.
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Direct air capture solutions for air purification are provided.
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Cloud-based endpoint protection and management platform is offered.
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Detailed competitors of Summit Carbon Solutions
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Latest news on Summit Carbon Solutions
Complete news archive for Summit Carbon Solutions
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Frequently Asked Questions about Summit Carbon Solutions
Summit Carbon Solutions was founded in 2021.
Summit Carbon Solutions is headquartered in Ames, United States. It is registered at Ames, Iowa, United States.
Lee Blank is the current CEO of Summit Carbon Solutions.
Summit Carbon Solutions is a funded company, having raised a total of $1.32B across 3 funding rounds to date.
As of Sep 30, 2020, the latest employee count at Summit Carbon Solutions is 32.
Summit Carbon Solutions was founded in 2021 in Ames, United States, within the carbon management sector. Carbon dioxide capture, transport, and storage services are provided to ethanol plants, allowing carbon footprint reduction and entry into low-carbon fuel markets. Infrastructure for CO2 handling is constructed in partnership with landowners. Community outreach and stakeholder engagement are pursued to support ethanol production and agricultural operations while enabling economic benefits through secure CO2 sequestration.
Summit Carbon Solutions's top competitors include Carbon Clean, Charm Industrial and RepAir.
Summit Carbon Solutions offers CO2 Capture Services and Transport and Storage Services.
Summit Carbon Solutions has 3 investors. Key investors include John Deere, Continental Resources, and The Rise Fund.