Charm Industrial
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.
- Agriculture Technology
- Clean Technology
- Energy
Funding
Raised to date
$125.5MRaised 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.
+4Founders
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.