Remora develops and retrofits zero-backpressure carbon capture systems onto locomotives and semi-trucks. The technology extracts and purifies up to 90% of CO2 from exhaust while simultaneously reducing particulate matter and NOx to meet Tier 4 standards. The company monetizes captured CO2 by selling the purified gas and sharing revenue with fleet operators.
Funding
$117.5M 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.
LFounders
Product
Problem
Class 8 semi-trucks and locomotives release significant amounts of CO2 into the atmosphere. Existing methods to reduce these emissions are costly, require significant infrastructure changes, and do not provide a direct financial incentive for operators.
Solution
Remora develops carbon capture devices that retrofit onto semi-trucks and locomotives to capture CO2 directly from the exhaust stream. The device filters and compresses the CO2 into a high-purity liquid form without affecting vehicle operation. Captured CO2 is then offloaded at refueling or distribution centers. Remora sells the captured CO2 to end-users or sells credits for permanent sequestration in EPA-certified wells, sharing the revenue with the vehicle operators. This creates a new revenue stream for customers while reducing their carbon emissions.
Target Audience
The primary customers are trucking and railroad companies seeking to reduce their carbon footprint and generate new revenue streams from captured CO2.
Features
- Carbon capture device retrofits onto existing Class 8 semi-trucks and locomotives with minimal modifications.
- Captures up to 90% of CO2 from the exhaust stream using carbon scrubbing technology.
- Reduces soot, particulate matter, and NOx emissions to achieve Tier 4 standards.
- Automated compression and onboard storage of captured CO2.
- Device operation is partially powered by the truck's exhaust heat, minimizing impact on fuel economy.
- Automatic bypass system ensures continued vehicle operation if CO2 storage tanks are full.
- Offloading process is designed to be faster than refueling.