Charm Industrial develops a technology that converts agricultural biomass into carbon-rich bio-oil through fast pyrolysis, which is then injected deep underground for permanent CO₂ storage. This process effectively removes carbon dioxide from the atmosphere, addressing the urgent need for reliable carbon removal solutions while producing green hydrogen as a byproduct.
Funding
$125.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+2Founders
Product
Problem
The concentration of atmospheric carbon dioxide (CO₂) has reached levels that contribute to global warming, necessitating methods for large-scale carbon removal and sequestration. Existing carbon capture technologies often face challenges related to cost, scalability, and long-term storage security.
Solution
Charm Industrial utilizes agricultural residues to capture CO₂ from the atmosphere through fast pyrolysis, converting biomass into carbon-rich bio-oil. This bio-oil is then transported and injected deep underground into EPA-regulated injection wells, where it solidifies, providing permanent CO₂ storage that is isolated from wildfires, soil erosion, and land-use changes. This process offers a scalable and secure method for carbon removal, effectively reversing the effects of CO₂ emissions.
Target Audience
The primary customers are enterprises and organizations seeking to offset their carbon emissions through verifiable and permanent carbon removal solutions.
Features
- Converts agricultural biomass into bio-oil via fast pyrolysis.
- Employs EPA-regulated injection wells for secure, long-term underground storage.
- Leverages cellulosic biomass, which naturally captures CO₂.
- Bio-oil injection process ensures CO₂ is removed from the atmosphere for millennia.
- Self-sustaining pyrolysis reaction.