Barclay Rogers
CEO
Graphyte
10/10Traction
Graphyte utilizes Carbon Casting technology to convert biomass into dense carbon blocks, which are then stored underground to prevent CO2 decomposition for over 1,000 years. This method provides a durable and cost-effective solution for removing billions of tons of carbon dioxide from the atmosphere, addressing the urgent need for scalable carbon removal to combat climate change.
- Clean Technology
Updated 22 months ago
Funding
Raised to date
$37.8MRaised 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.
Carbondirect CapitalNo round attributed
- carbondirectcapital.com (opens in a new tab)investor website
OvertureNo round attributed
- overture.vc (opens in a new tab)investor website
Prelude VenturesNo round attributed
- preludeventures.com (opens in a new tab)investor website
- Source unavailable
Funding rounds are not available yet.
Founders
Hannah Murnen
CTO
Product
Problem
The concentration of atmospheric carbon dioxide is at dangerous levels, necessitating large-scale carbon removal to mitigate climate change. Current carbon removal methods often suffer from high energy requirements, impermanent storage, and high costs, hindering widespread adoption.
Solution
Graphyte employs Carbon Casting, a technology that transforms biomass into dense carbon blocks for long-term underground storage, preventing CO2 decomposition for over 1,000 years. This approach combines nature's carbon capture capabilities with engineering to provide a durable and cost-effective carbon removal solution. By using readily available biomass, such as timber and crop residues, Graphyte minimizes energy consumption while maximizing carbon preservation. The carbon blocks are protected by an environmentally-safe, impermeable barrier and stored in monitored underground sites.
Target Audience
Graphyte's primary customers are organizations seeking high-quality, durable carbon removal credits to meet their climate goals, as well as companies in the voluntary carbon market.
Features
- Utilizes by-products from timber and agriculture industries as feedstock
- Employs a drying process to eliminate microbes and halt decomposition
- Condenses biomass into dense carbon blocks for efficient storage
- Wraps carbon blocks in an environmentally-safe, impermeable barrier
- Stores blocks in state-of-the-art sites with sensors and tracers for long-term monitoring
- Leverages photosynthesis for carbon capture, minimizing energy requirements