CarbonBlue Overview
CarbonBlue is a direct ocean removal (DOR) company developing carbon dioxide removal (CDR) technology utilizing the chemical properties of seawater. Their process mineralizes and removes dissolved CO2 from seawater, returning calcium to maintain its natural composition. This technology integrates with industrial facilities like desalination and aquaculture, enhancing performance, reducing energy consumption, and offsetting carbon emissions.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
/PRNewswire/ -- In a world-first for the Carbon Dioxide Removal (CDR) industry, CarbonBlue has launched a new pilot integrating CO₂ removal directly into a...
CarbonBlue has launched a pilot project integrating CO₂ removal into a desalination facility in Israel, marking a significant milestone for the Carbon Dioxide Removal (CDR) industry. The Midway pilot project aims to reduce costs, improve efficiency, and lower CO₂ emissions by capturing atmospheric CO₂ from process water. The technology uses a chemical reactor to produce precipitated calcium carbonate (PCC), offering economic benefits and supporting U.S. industries in meeting climate goals. The pilot will initially process 10% of the facilitys water intake, with plans to scale up significantly. This approach could have a substantial impact on the carbon balance and industrial efficiency, with interest from U.S. energy and manufacturing sectors.
Product StagePartners
Growth-Positive
CarbonBlue secures $10 million in Seed funding for CO2 removal technology | CTech
Climate-tech startup CarbonBlue has raised $10 million in a Seed funding round to scale up and deploy its water-based Carbon Dioxide Removal (CDR) technology. The round was led by Ibex Investors and Fresh Fund, with participation from Engie New Ventures, ZIM Ventures, Jibe Ventures, MoreVC, and Secret Chord Ventures. The companys Direct Water Capture technology can utilize any type of water, allowing integration with any water-utilizing facility. The funding will enable the company to expand collaborations with major players in the climate, energy, and water sectors.
Investment
growth-positive
Ocean Visions Selects Innovators For Second Cohort Of Launchpad Program
Ocean Visions has announced the selection of eight companies for its Launchpad programs second cohort. The program connects innovators with advisors to optimize their technologies for marine carbon dioxide removal (mCDR) and understand environmental impacts. The 2024-2025 cohort includes companies working on various mCDR pathways and enabling technologies. The ocean has absorbed about 30% of all carbon dioxide pollution and 90% of related excess heat, resulting in harmful heating, acidification, and deoxygenation. The UNs Intergovernmental Panel on Climate Change has concluded that sizable carbon dioxide removal efforts will be imperative this century to meet the global temperature rise target of 1.5°C.
PartnersCustomers
growth-positive
Carbon Blue is one the five finalists of The Aviram Awards 2023 | CTech
The Aviram Foundation is hosting the final event of the Aviram Awards, a startup competition focused on changing the day-to-day reality in the Middle East and North Africa. The event will be held in Marrakesh, Morocco, and the winner will receive a cash prize of half a million dollars. Former American President Bill Clinton will be the keynote speaker at the event. Five ground-breaking entrepreneurs have been selected to participate in the grand finals. The winner will be chosen by an international team of judges, including Ziv Aviram, founder and president of the Aviram Foundation, and Randall Lane, Editor-in-Chief of Forbes International Magazine.
CustomersPartners
growth-positive
מזרח תיכון חדש במרקש: 5 יזמים עלו לגמר "Aviram Awards" שיתקיים במרוקו | כלכליסט
The Aviram Awards, a competition for startups from the Middle East, has selected five finalists from 780 applicants. The competition, organized by the Aviram Foundation in collaboration with Forbes, will take place in Morocco in May. The winner will receive a prize of half a million dollars, professional guidance from Ziv Aviram, and media coverage from Forbes. The second and third place winners will receive $100,000 and $50,000 respectively. The finalists include startups from Israel, Morocco, and Saudi Arabia, offering solutions in areas such as artificial intelligence, environmental sustainability, and healthcare.
Investment
| Sector | Industrial Technologies |
Funding
| Total funding | $10M |
| Last funding | $7M |
| Stage | Seed |
| Rounds | 5 |
| Investors | 9 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | carbonblue.cc/ |
Locations
HaBarzel Street, Tel Aviv-Yafo, Israel
Photos & Videos
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