Orbio Earth

Tracking methane emissions with satellites

Founded 2021 · $4.6M raised

Employees
11–50
Founded
2021
Business Model
B2B
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

SeedSeed RoundMar 2024
$4.0M

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Investors

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