Charm Industrial
- 06/06/2023
- Series B
- $100,000,000
Charm Industrial is working to return the atmosphere to 280 ppm CO₂. We design, build and operate a fleet of mobile fast pyrolyzers that convert ag and forest biomass residues into bio-oil for use in carbon removal and direct-reduced-iron steelmaking.
In 2020 our Chief Scientist and co-founder Shaun Meehan had two breakthroughs (bio-oil intermediate and bio-oil sequestration) that kickstarted the company. Within 10 months we completed our first carbon removal injection and in 2021 we completed more than 5,000 tons of CO₂e removal for customers like Stripe, Shopify and Microsoft.
- Industry Environmental Services
- Website https://charmindustrial.com/
- LinkedIn https://www.linkedin.com/company/charm-industrial/
Related People
Peter ReinhardtFounder
At Charm we're working to return the atmosphere to 280 ppm CO₂, by putting oil back underground. We convert farm and forest biomass residues into bio-oil, and inject it deep into underground formations for permanent storage.