![]() ![]() ![]() The production of industrial materials - and cement in particular - is a major contributor to CO2 emissions, and startups have taken notice. Others include New York-based Carbon Direct, which develops tools for carbon management, and London’s Supercritical, with the goal of helping businesses tackle the climate crisis and reach carbon net zero. This includes San Francisco-based Patch Technologies, which has raised more than $80 million and is working on an API for carbon removal. Visions for doing so vary widely, but broadly we see companies on the list fall into a handful of categories:įirst, there are those innovating on the software and platform side with marketplaces for carbon credits and measuring tools for enterprises. In terms of making a contribution, however, they have some ambitious agendas. Of course, no one’s expecting a handful of funded startups to take us back to pre-industrial carbon levels. Top themes: platforms, greener products and capture technology CO2 levels are now more than 50% higher than they were before the onset of the industrial era. This spring, measured CO2 levels climbed further into territory not seen for millions of years, according to a June report from scientists from the National Oceanic and Atmospheric Administration and Scripps Institution of Oceanography. Unfortunately, there’s also more carbon dioxide floating around than ever. To date, companies on this list alone have raised over $1.25 billion in equity funding. On the software side, meanwhile, Supercritical, a London-based operator of a carbon removal offsets marketplace, landed $13 million in a June Series A.Įvidently, there’s plentiful capital to go around for companies innovating around infrastructure, software and materials with an eye to capturing and storing more atmospheric carbon and industrial waste. On Tuesday, CarbonCure Technologies, a Nova Scotia-based carbon removal startup focused on the concrete industry, announced it raised $80 million.Ī few weeks before that, Charm Industrial, a San Francisco startup that uses plant matter and bio-oil to sequester carbon, picked up $100 million in Series B funding. The past few weeks have been particularly busy. ![]() It’s a global cohort, with financings in six continents spanning from São Paulo to Stockholm. This past year, over half a billion dollars has gone to dozens of upstarts working on technologies to reduce industrial carbon emissions, store captured CO2, and navigate the complex landscape of carbon credits. Concerned about cost? Financial assistance may be available to qualified individuals.While most startup sectors have seen diminished funding in recent quarters, carbon capture- and storage-focused companies look like a notable exception. Carbon Health can help you perform a benefits check with your health insurance carrier and give you more accurate estimates for the cost of the program before you start. In this mode, you will not pay a monthly fee, and you can resume “active” monitoring easily when ready. While in the program, you and your care team can decide to change to “paused” monitoring. This cost can vary from $0 to $100, based on insurance (not including the cost of the CGM device). ![]() Once you have reviewed your assessment results and plan with your endocrinologist, there is an ongoing monthly cost while you work closely with your care team to make progress on your goals. The cost of a CGM device can vary, and depends on your insurance - but for the average patient, we find the cost is usually between $40 and $55 per sensor. The cost of the assessment averages around $80, plus the price of the device. After enrolling in the program, you will begin a two-week assessment with a CGM device so your endocrinologist can put together a treatment plan. ![]()
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