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Carbon Ridge
A climate-action company that generates industrial and transportation gases from agricultural waste streams
About Carbon Ridge
Carbon Ridge is a pioneering startup focused on providing scalable solutions to the maritime industry to help it meet decarbonization goals. The maritime shipping sector is responsible for nearly 3% of global CO2 emissions, and Carbon Ridge aims to address this significant environmental challenge. The company specializes in Onboard Carbon Capture and Storage (OCCS) technology, which is designed to capture carbon dioxide (CO2) emissions directly from a ship's exhaust system and store it in liquified form onboard.
Read full description
The primary clients of Carbon Ridge are maritime shipping companies that are looking to reduce their carbon footprint and comply with the International Maritime Organization's (IMO) stringent decarbonization targets. The market for Carbon Ridge's solutions is the global maritime industry, which is under increasing pressure to adopt greener technologies.
Carbon Ridge's business model revolves around selling and installing their modular OCCS systems on ships. These systems are externally mounted and capture CO2 emissions from the ship's exhaust, storing the captured CO2 in liquified tanks. The modular nature of the system means it can be easily scaled and adapted to different types of vessels, making it a versatile solution for the industry.
The company generates revenue through the sale of these OCCS systems and potentially through ongoing maintenance and service contracts. By offering a practical and scalable solution to a pressing environmental issue, Carbon Ridge positions itself as a key player in the maritime industry's transition to lower carbon emissions.
At a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Santa Monica, United States
- Employees
- 26
- Open positions
- None listed
- Dealroom signal
- 92.9/100
- Sub-industry
- Waste Solution, AgriTech
- Sector
- Energy, Shipping, Marine, Sustainable Development Goals, Carbon Capture and Storage, Carbon Tracking & Offset, Biodiversity, Climate Tech, Blue Economy, Marine Transportation, Point Source
- Business model
- Manufacturing
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Carbon Ridge.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Oct 2024 | $9.5M | $38M | Plug and Play · Rusheen Capital Management · Berge Bulk · Canopy Generations Fund | ↗ |
| EARLY VC✓Equity / VC | Sep 2022 | $6M | $24M | Plug and Play · Grantham Foundation · Berge Bulk · Rusheen Capital Management | ↗ |
Growth signals
Latest recorded traffic for Carbon Ridge is 230 monthly website visits, down 83.6% over the last three months. Carbon Ridge's team grew 36.8% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A11 investors entered at this stage
Plug and Play
Grantham Foundation
Berge Bulk
Rusheen Capital Management
Crowley Maritime
Western Technology Investment
CrossCut Ventures
Canopy Generations Fund
Incite
Katapult Ocean
Spitzer Industries
Other known investors4 additional known investors
Jeff Green
Jim McDermott
Katapult Africa
Katapult Group
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Carbon Ridge on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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