Wixom, United States
Remora, founded in 2020 and headquartered in the United States, is revolutionizing carbon capture for the transportation industry with its innovative technology capable of capturing up to 90% of CO2 emissions from vehicles like trains and trucks. By not only reducing harmful emissions such as soot, particulate matter, and NOx but also generating revenue for partnering companies through the sale of purified CO2, Remora is making strides in the Renewable Energy and Transportation sectors.
The company has already secured strategic partnerships with industry giants including Union Pacific, Norfolk Southern, Ryder, and Werner. To date, Remora has raised an impressive $117 million from leading investors such as Lowercarbon Capital, Valor Equity Partners, Union Square Ventures, First Round Capital, and Y Combinator. Its latest funding milestone, a Series A round closed on 07 February 2024, was led by Voyager Ventures, underscoring investor confidence in its groundbreaking offerings.
