Company Overview
Snapshot
Founded in June 2022 by Dotan Levy, Ori Shaashua, and Sapir Markus-Alford, Gigablue operates with 11–50 employees. The company has raised $2.5 million across two funding rounds from seven investors. In January 2025, Gigablue announced a significant ocean carbon removal agreement with SkiesFifty, aiming to capture 200,000 tons of CO2 over four years.
Business overview
Gigablue is dedicated to combating climate change by providing scalable and affordable carbon dioxide removal (CDR) solutions. The company's core technology focuses on marine-based carbon sequestration, utilizing a proprietary substrate to enhance phytoplankton growth, which facilitates the capture of CO₂ for long-term storage on the ocean floor. Gigablue's approach is designed to be environmentally safe and economically viable, targeting corporations and countries to help them achieve net-zero goals. The company operates within the Industrial Technologies sector, specifically in Climate Tech, Carbon Tech, and Material Innovations & Applications, serving B2B and B2G markets.
Strategic signal
In January 2025, Gigablue announced its largest ocean carbon removal agreement to date with SkiesFifty, targeting the capture of 200,000 tons of CO2 over four years. This partnership signifies strong market validation for Gigablue's marine-based carbon sequestration technology and demonstrates a clear path towards large-scale commercial deployment, positioning the company as a key player in global carbon reduction efforts.
Log in to access full profile ›Company Intelligence Q&A
- When was Gigablue founded and by whom?
- Gigablue was founded in June 2022 by Dotan Levy, Ori Shaashua, and Sapir Markus-Alford.
- What significant agreement did Gigablue announce in January 2025?
- In January 2025, Gigablue announced its largest ocean carbon removal agreement with SkiesFifty, aiming to capture 200,000 tons of CO2 over four years.
- Which investors participated in Gigablue's October 2022 funding round?
- In October 2022, Gigablue received funding from Foxglove Capital and Fresh Fund.
- What was the nature of the partnership announced in July 2024?
- In July 2024, Gigablue announced a strategic partnership with ClearSky Rain aimed at revolutionizing ocean-based carbon removal.