Rewind

Company Overview

Snapshot

Founded in February 2022 by Rami Amar, Eitan Brettler, and Noa Olenik, Rewind operates with 1–10 employees. The company has raised $5 million across two funding rounds from investors including Yes VC and Propeller. In November 2023, Rewind announced it had secured $5 million in funding to advance its carbon dioxide removal mission.

Business overview

Rewind is developing a carbon dioxide removal (CDR) method that involves storing biomass in the deep, anoxic waters of the Black Sea. The company's core technology includes a comprehensive measurement, reporting, and verification (MRV) system, which is based on biogeochemical science. This system is designed to ensure additionality, permanence, and accurate measurement of carbon sequestration, with a focus on end-to-end sustainability. Rewind serves markets by enabling farmers, forest managers, and shipping companies to transform residual biomass into sequestered organic carbon, supported by carbon removal credits. The company operates within the Industrial Technologies sector, specifically focusing on Climate Tech, Carbon Tech, and Sustainable Farming.

Strategic signal

In November 2023, Rewind announced a $5 million funding round, with participation from investors such as Yes VC and Propeller, alongside securing its first customers and partners like Supercritical. This investment signals strong market validation for Rewind's deep-sea biomass storage approach to carbon removal, demonstrating investor confidence in its potential to scale and attract commercial adoption in the climate tech industry.

Company Intelligence Q&A

What is Rewind's primary method for carbon dioxide removal?

Rewind's primary method for carbon dioxide removal (CDR) involves storing biomass in the 2km deep, anoxic waters of the Black Sea. This approach aims to sequester organic carbon from residual biomass.

When was Rewind founded and by whom?

Rewind was founded in February 2022 by co-founders Rami Amar, Eitan Brettler, and Noa Olenik.

Which investors participated in Rewind's $5 million funding round?

In November 2023, Rewind raised $5 million from investors including Yes VC and Propeller, among others.

What is the purpose of Rewind's Measurement, Reporting, and Verification (MRV) system?

Rewind's MRV system is based on biogeochemical science and is designed to ensure the additionality, permanence, and accurate measurement of carbon sequestration, with a focus on end-to-end sustainability.

Which types of organizations does Rewind aim to support with its carbon removal credits?

Rewind aims to support farmers, forest managers, and shipping companies by facilitating the transformation of residual biomass into sequestered organic carbon, supported by carbon removal credits.