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Remora
Transportation · Wixom, United States · Founded 2020
Our device captures the carbon emissions from a semi truck MoreLess
Remora Carbon is a startup that operates in the environmental technology market, specifically focusing on reducing carbon emissions from Class 8 tractors, a type of heavy-duty truck. Their innovative device, which can be easily attached to the truck's aftertreatment system, acts as a large filter that uses carbon scrubbing technology to capture CO2 from the truck's exhaust. This captured CO2 is then compressed and stored in onboard tanks.
The device is designed to be user-friendly and efficient. If the tanks fill up before the driver can offload the captured CO2, the device will automatically bypass, allowing the truck to continue operating without interruption. The device is also partially powered by the truck's exhaust heat, which minimizes its impact on the truck's fuel economy.
The offloading process is designed to be quick and convenient. Drivers can offload the captured CO2 by connecting the device to an offload tank with a hose. For round trips, Remora Carbon installs offload tanks at customers' distribution centers, and for long-haul routes, offload tanks are being introduced at truck stops. Once an offload tank is full, Remora Carbon collects the high-purity, liquid CO2 and delivers it to end-users or sequesters it underground in an EPA-certified well.
Remora Carbon's business model is centered around providing a practical solution for reducing carbon emissions in the trucking industry. Their revenue is likely generated from the sale or lease of their devices, as well as from the collection and delivery of captured CO2.
Keywords: Carbon Capture, Environmental Technology, Class 8 Tractors, Carbon Scrubbing Technology, CO2 Offloading, Exhaust Heat Power, Trucking Industry, Carbon Emissions Reduction, CO2 Collection and Delivery, EPA-Certified Sequestration.
Company overview
Remora company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2020
- Headquarters
- Wixom, United States
- Employees
- 70
- Open positions
- 3
- Dealroom signal
- 81.0
Valuation & funding
Remora funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Jun 2023 | $60M | $240M | Valor Equity Partners | ↗ |
| SERIES AOther financing | Mar 2023 | $37M | $148M | Lowercarbon Capital | ↗ |
| SERIES AOther financing | Jan 2023 | — | — | Voyager VC | ↗ |
| SEEDOther financing | Aug 2021 | $5.5M | $22M | Union Square Ventures · Y Combinator · Lowercarbon Capital · MCJ Collective | — |
| SEEDOther financing | Mar 2021 | $125K | $500K | Y Combinator | — |
| SPINOUTOther financing | Jan 2020 | Concordia University | — |
Growth signals
Remora website traffic
Latest recorded traffic for Remora is 1.6K monthly website visits, down 60% over the last three months. Remora's team grew 7.7% over the past year.
Hiring
Open positions at Remora
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Comparisons
Remora compared with similar companies
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Talent graph
Remora's talent
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Global footprint
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In the news
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Market sentiment
What the market is saying about Remora
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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