Mangrove provides a digital measurement, reporting, and verification (dMRV) system that tracks every molecule of CO2 in carbon dioxide removal (CDR) and carbon capture and storage (CCS) operations. This platform enables operators to maintain traceable data, streamline compliance, and optimize commercial outcomes, ensuring efficient verification and increased trust in carbon projects.
Funding
Funding not disclosed
Founders
Product
Problem
Carbon capture and storage (CCS) and carbon dioxide removal (CDR) projects lack transparent and verifiable methods for tracking CO2 throughout their operations. Inefficient data sharing, documentation, and verification processes hinder commercialization and compliance with evolving regulations. This lack of trust and auditability slows down investment and adoption of carbon projects.
Solution
Mangrove provides a digital measurement, reporting, and verification (dMRV) platform that tracks CO2 molecules across the entire CCS or CDR value chain. The platform aggregates operational data into a central hub, enabling streamlined data sharing and documentation. Mangrove facilitates efficient verification by providing auditors with access to underlying production data and evidence. The system supports value stream scenario modeling and automated reporting for various programs, including 45Q, 45Z, LCFS, and VCM, adapting to emerging markets and compliance regimes.
Target Audience
Mangrove targets CDR and CCS project developers, operators, verification bodies, and carbon credit buyers seeking transparent, traceable, and auditable dMRV solutions.
Features
- Centralized carbon data hub for aggregating operational data from across the value chain
- Value stream scenario modeling for optimizing commercial outcomes (45Q, 45Z, LCFS, VCM, etc.)
- Automated reporting for voluntary, compliance, and tax programs
- Integration with leading registries to streamline reporting and accelerate credit serialization
- GHG calculations, evidence documentation, and co-benefits reporting to prove impact
- Data sharing capabilities across the carbon chain of custody for accurate volume attribution
- Continuously-growing library of programs to provide project developers with monetization pathway optionality