`Rare Earth Global is an emerging pioneering venture in climate tech with a strong focus on sustainability and innovation. The company has garnered attention for its groundbreaking hemp seed concentrate, which serves as a sustainable alternative to traditionally used soy in fish feed. This innovation alone has the potential to reduce carbon emissions by a remarkable 41% and has received extensive global coverage, including features in The Times. Rare Earth Global's approach to operations is characterized by zero waste, with the leftover hemp stalk material being repurposed by the construction and manufacturing industries, contributing to a potential carbon negative outcome. Notably, the company is a key member of a working group comprising over 30 of the world’s largest construction companies and has been recognized as a top 5 solution among 1,478 startups aiming to address global plastic consumption. The company's core focus lies in new product development utilizing hemp, in collaboration with global partners to ensure cutting-edge outcomes. Leveraging a proprietary farming and processing model, Rare Earth Global is strongly positioned to offer competitive pricing while actively engaging with major farming groups globally. The company has already secured initial demand for over 50,000 tonnes of seed annually, which translates to a surplus of 100,000 tonnes of stalk suitable for the production of sustainable materials, ultimately resulting in the removal of 160,000 tonnes of CO₂ from the supply chain annually. By 2030, Rare Earth Global aspires to eliminate 4 million tonnes of CO₂ from the atmosphere, playing a significant role in preventing the deforestation of 430 million trees. As a venture operating in the Sustainability and Construction industries, Rare Earth Global's impactful contributions position it as an attractive prospect for prospective investors and industry players seeking to align their portfolios with environmentally conscious initiatives. Overall, the company's strategic vision, innovative approach, and impactful solutions make it a compelling investment opportunity in the climate tech landscape. ``
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United Kingdom Market
Sustainability
About Rare Earth Global
Taxonomy: Climate tech, Sustainable alternatives, Carbon emissions reduction, Hemp-based products, Zero waste operations, Construction industry, Plastic replacement, New product development, Supply chain, Farming and processing, CO2 removal, Deforestation, Renewable materials, Environmental impact
No funding data available for Rare Earth Global yet.
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Source: BounceWatch company record for Rare Earth Global, https://bouncewatch.com/company/rare-earth-global, updated 30 December 2024. When citing, please name BounceWatch and link this page.