Orbio Earth
Tracking methane emissions with satellites
Founded 2021 · $4.6M raised
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2B
- Website
- orbio.earth
- Total Funding
- $4.6M
- Last Round
- $4.0M SeedMar 2024
- Rounds
- 2
About
Orbio uses satellite imagery to track methane emissions from the oil & gas industry. We sell the data to financial companies that want to invest into the best performing energy companies. Until today, oil & gas companies use excel-based emission factors to calculate and report their emissions. As these excel-based emission factors underestimate actual emissions by ~70%, the finance companies that invest into oil & gas can’t mitigate against incoming risks from new regulations, We have built a technology that can for the first time use satellite images to track methane from every single oil & gas facility on the planet, replacing emission factors and allowing finance companies to make the best bets on oil & gas companies that will withstand a wide avalanche of incoming regulation. In the summer 2023 our satellite-based technology got ranked #1 both in terms of accuracy and sensitivity of methane emission events by Stanford University in a peer-reviewed study, beating a range of multi-bn dollar competitors like Maxar. Learn more at https://orbio.earth
Summary
Orbio Earth is a Space Tech company, founded in 2021. It has raised $4.6M in total across 2 rounds, most recently a $4.0M Seed round in Mar 2024. Investors include Initialized Capital and Y Combinator Continuity Fund.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Mar 2024
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Investors
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