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CarboNet
CarboNet is bringing to market a safe and economic water treatment method to remove contaminants from produced and flowback water
About CarboNet
CarboNet operates in the water treatment industry, providing advanced chemistry solutions to treat wastewater and reclaim valuable minerals. The company serves a diverse range of clients, including those in the pulp and paper, pharmaceutical, oil and gas, municipal, and mining sectors. CarboNet's business model focuses on offering specialized chemical products that enhance the efficiency and effectiveness of wastewater treatment processes. By reducing the use of traditional chemicals and optimizing treatment protocols, CarboNet helps its clients lower capital and operational expenditures while meeting environmental standards. The company generates revenue through the sale of its proprietary chemical formulations, which are designed to work seamlessly with existing treatment systems. CarboNet's innovative approach has attracted significant investment, including a $1.7 million grant from the Canadian government to commercialize a biodegradable flocculant. The company's solutions are particularly impactful in high-demand areas like the Permian Basin, where water treatment is critical and competition is intense. CarboNet's commitment to improving customer experience and maintaining a strong team positions it well in the competitive landscape of the water treatment industry.
Source: Dealroom company dataAt a glance
- Founded
- 2016
- Headquarters
- Burnaby, Canada
- Sector
- Energy
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Government of Canada
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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