The startup utilizes patented photon technology to optimize algae growth conditions, enhancing carbon absorption rates. By converting algae into feed for livestock and fish, as well as improving soil fertility, the company addresses carbon emissions and global hunger while maintaining financial viability.
Funding
$4.8M 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.
Founders
Product
Problem
Industrial processes release significant amounts of carbon dioxide (CO2), contributing to greenhouse gas emissions and climate change. Traditional methods of carbon capture are often expensive, inefficient, and require large land areas. This necessitates innovative and cost-effective solutions for carbon abatement and sustainable resource management.
Solution
Remediiate offers a carbon capture and utilization solution that transforms waste CO2 into valuable microalgae biomass. Their patented photon technology optimizes algae growth, enabling efficient carbon absorption directly at the source of industrial emissions. The resulting microalgae can be commercialized as animal feed, soil rejuvenation products, and other valuable offtakes, creating a circular economy. This process effectively converts a liability into an asset, reducing carbon emissions while generating sustainable profit.
Target Audience
The primary target audience includes industrial companies with significant CO2 emissions, animal feed producers, and agricultural businesses seeking sustainable soil improvement solutions.
Features
- Patented photon technology to enhance microalgae growth and carbon absorption rates.
- Modular and scalable technology for rapid deployment.
- Production of microalgae biomass suitable for animal feed, soil rejuvenation, and other applications.
- On-site carbon capture, processing waste carbon directly at the source.
- Efficient process requiring less than 1/10th of the land needed for equivalent terrestrial crops.
- Algae grows 10x faster than terrestrial crops.
- Converts 2 tonnes of CO2 into 1 tonne of offtake and 1 tonne of O2.