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Remora

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Our device captures the carbon emissions from a semi truck

Wixom, United StatesFounded 2020Transportation
Valuation $250–500M Last recorded · 2023
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Remora and the history behind them.

About Remora

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.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Wixom, United States
Employees
70
Open positions
3
Dealroom signal
81.0/100
Industry
Energy, Transportation
Sub-industry
Energy Efficiency, Vehicle Production
Sector
Transportation, Heavy-Duty Trucks, Spinout, Sustainable Development Goals, Carbon Capture and Storage, Climate Tech, Point Source, Woman Founder, YC W21
Business model
Manufacturing
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Jun 2023 $60M $240M Valor Equity Partners ↗
SERIES AOther financing Mar 2023 $37M $148M Lowercarbon Capital ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

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.

Latest monthly visits1.6K 3-month web change-60% 1-year team growth+7.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed8 investors entered at this stage

Series A1 investor entered at this stage

Other known investors1 additional known investor

  • Concordia University
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States94.3%
🇨🇦 Canada2.9%
🇹🇷 Turkey2.9%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Remora 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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