San Francisco, United States
Charm Industrial, founded in 2018 and headquartered in the United States, is on a mission to return atmospheric CO₂ to 280 ppm. This innovative company operates at the intersection of Agriculture, Energy, and Manufacturing industries.
Charm Industrial utilizes a fleet of mobile fast pyrolyzers to convert agricultural and forest biomass residues into Charm Bio-oil and Charm Biochar, targeting permanent carbon removal. Notably, Charm Bio-oil has potential applications in reducing iron ore to metallic iron, offering a pathway to decarbonize steelmaking emissions.
Since a breakthrough by their Chief Scientist and co-founder in 2020, Charm Industrial has achieved over 7,200 tons of CO₂ equivalent removal for firms like Stripe, Shopify, JP Morgan, and Microsoft. The company also leads in transparent carbon credit verification.
In its latest Series B funding round on June 6, 2023, Charm secured a $100.00M investment from prominent investors, including Kinnevik, General Catalyst, and Lowercarbon Capital. Charm Industrial not only innovates in carbon removal but also enriches communities by creating jobs, reducing wildfire risks, and ensuring environmental safety.
