Graphyte
Graphyte Carbon Removal
United States · $30.0M raised
- Business Model
- B2B
- Website
- graphyte.com
- 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.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Jul 2024
Investors
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