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 ($)
—Feb 2022
$7.0MJul 2024
$10.0MMay 2024
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
1 item(s)
CarbonBlue Business
Business models
B2G, B2B
Product stage
R&D
Employees
11-50
Sector
Climate TechCarbon TechCarbon Capture, Storage, Sequestration, UtilizationIndustrial TechnologiesMaterial Innovations & ApplicationsEnergy TechEnergy Production & SourcesTarget Customer
Energy, Utilities & Waste ManagementFossil FuelsGasOilUtilitiesWater UtilitiesNew FuelsBiofuelsTransportation & LogisticsLogisticsMaritimeIndustrial ManufacturingProcess IndustriesChemicals & PetrochemicalsCore Technology
Materials & SubstancesTags (4)
carbon-capturedesalinationclimate-techenergytechSolutions
{"title":"Sustainable Energy/Fuels","description":"CarbonBlue produces sustainable eFuels by combining captured CO2 with green hydrogen derived from renewable energy, offering a circular carbon solution for hard-to-abate sectors like aviation and shipping.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":3,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
{"title":"Environmental Services","description":"CarbonBlue offers Carbon Dioxide Removal (CDR) services, enabling businesses to achieve net-zero targets and mitigate climate impact by purchasing verifiable carbon credits for permanent CO2 removal from the atmosphere.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":1,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Negligible / Incidental","content":"No discernible or only trivial positive effect; status-quo unchanged."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Water Treatment","description":"CarbonBlue provides next-generation, energy-efficient, and cost-effective desalination technology to deliver sustainable fresh water for communities, agriculture, and industry, addressing global water scarcity.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":1,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Negligible / Incidental","content":"No discernible or only trivial positive effect; status-quo unchanged."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
Use Cases
eFuelsCDRDesalinationGeographic Markets
EuropeNorth AmericaSouth AmericaAfricaCarbonBlue Financials
$10M
Total funding
Undisclosed
Capital raised
$7M
Last funding
Seed
Funding stage
5
Total rounds
9
Investors
Cumulative Funding Raised Over Time ($)
—Feb 2022
$7.0MJul 2024
$10.0MMay 2024
Private Equity Funding
Seed
Jul 2024
$7M
Ibex Investors (Lead), Fresh Fund (Lead)
,
ZIM Ventures, Jibe Ventures, Secret Chord Ventures, MoreVC, ENGIE New Ventures
SAFE
May 2024
$3M
Pre-Seed
Feb 2022
Undisclosed
Jibe Ventures (Lead)
,
Avishag Bohbot, MoreVC, Fresh Fund, Ziv Aviram, Secret Chord Ventures
Non-Equity Funding
GrantEvent
Jan 2024
Undisclosed
GrantEvent
Jan 2023
Undisclosed
HiVentures
CarbonBlue Lifecycle
Cumulative Funding Raised Over Time
—Feb 2022
$7.0MJul 2024
$10.0MMay 2024
All Events
Seed
Jul 2024
$7M
Ibex Investors (Lead), Fresh Fund (Lead)
,
ZIM Ventures, Jibe Ventures, Secret Chord Ventures, MoreVC, ENGIE New Ventures
SAFE
May 2024
$3M
Pre-Seed
Feb 2022
Undisclosed
Jibe Ventures (Lead)
,
Avishag Bohbot, MoreVC, Fresh Fund, Ziv Aviram, Secret Chord Ventures
GrantEvent
Jan 2024
Undisclosed
GrantEvent
Jan 2023
Undisclosed
HiVentures
CarbonBlue News
8 articles
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
growth-positive
ועידת האקלים: היזם מתלפיות שרוצה ללכוד פחמן דו...
Carbon Blue, an Israeli company founded by Ido Tzur and Dan Dvir in late 2021, is developing a process to efficiently capture carbon dioxide from the sea as a complementary tool to achieve zero emissions. The company, which currently employs seven people, has plans to build its first plant in 2023 that will extract an order of magnitude of 1,000 tons of carbon dioxide per year. Carbon Blue has received investment from traditional venture capital firms Jibe, Frash Fund, Secret Chord Ventures, and environmental-focused More VC.
InvestmentExpand
growth-positive
Israeli tech entrepreneurs mobilize to face humanity's biggest challenge
The article discusses the opportunity for Israeli high-tech companies to develop technologies that trap carbon and contribute to the battle against climate change. It highlights the efforts of Yuval Lavi from Maagan Michael, who aims to bury carbon dioxide without it returning to the atmosphere. The article mentions that dozens of companies are already involved in this field. The impact on the company is growth-positive, as it presents a new avenue for technological development. The key theme of the article is climate technology. The key issues discussed are expanding the workforce to recruit new positions. The date of the event described in the article is October 21, 2022. My confidence in this answer is 8/10.
Expand
Israeli entrepreneurs join race to clean skies of CO2
CarbonBlue Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 21 |
| Team members | 4 |
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CarbonBlue Internal
Recent Updates
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Admin Info
| Confidence | 91/100 |
| Missing | markets, not claimed |
| BI Verification | Maor Perlov |
| Registrar ID | 516506144 |
| Creator | Maor Perlov |
| Creator email | maorperlov@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2024-07-23T00:00:00.000Z |
| Created | 2022-07-05T00:00:00.000Z |
| Claimed | Yes |