Graphyte

United States · $30.0M raised

Business Model
B2B
Total Funding
$30.0M
Last Round
$30.0M Series AJul 2024
Rounds
1

About

Graphyte is a U.S. carbon removal company that developed Carbon Casting, a process that dries and compresses biomass residues from timber and agriculture into dense blocks wrapped in an impermeable barrier and buried underground, sequestering CO2 for over 1,000 years at a fraction of the cost of competing direct-air-capture technologies. Founded by CEO Barclay Rogers, the company operates its flagship Loblolly processing and storage facility in Pine Bluff, Arkansas, and has signed carbon-removal purchase agreements with American Airlines, JPMorganChase, and Frontier.

Summary

Graphyte is a Climate Tech company based in United States. It has raised $30.0M in total across 1 round, most recently a $30.0M Series A round in Jul 2024. Investors include Prelude Ventures, Carbon Direct Capital Management and Breakthrough Energy Ventures.

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Funding History

Series ASeries AJul 2024
$30.0M

Investors

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