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Remora

Carbon Capture, Utilization & Storage (CCUS)
Product stageSegments
Seed
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Flue-gas Capture
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Remora’s devices capture carbon emissions directly from truck tailpipes. They can be fitted onto tailpipes of existing trucks to capture carbon dioxide (CO2) for 600–1,200 miles before an offload. Remora’s solution was initially funded by the Environmental Protection Agency (EPA) and tested at the agency’s National Vehicle and Fuel Emissions Lab. 

The company’s technology has a capture efficiency of 80% and can offload the captured CO2 while refueling—to be sold to concrete producers and other end users. The proceeds from the sale of CO2 are expected to be shared across fleet owners and customers once commercialized. The technology is expected to be piloted from October 2021, with some of the large trucking companies.

In March 2021, the company raised an undisclosed amount in a funding round led by FullCircle and Y Combinator. 

Key competitors: None comparable (Remora is the only startup that captures carbon from truck tailpipes)

Carbon Capture, Utilization & Storage (CCUS)

Carbon Capture, Utilization & Storage (CCUS)

Key stats
Featured companies
99
Total funding (USD)
5.2 Bn
Total addressable market (USD)
156.5 Bn
Key competitors
 
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Product Overview
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Company profile
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Company Brief


HQ location:
13685 OTTERSON CT Livonia MI USA
Founded year:
2020
Employees:
51-100
Total Funding:
USD 0.000

Investors


No investor data is available

Funding data are powered by Crunchbase
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