Planetary develops ocean-based carbon removal technology to accelerate the natural carbon cycle.
Planetary develops ocean-based carbon removal technology to accelerate the natural carbon cycle. Planetary’s system purifies the mountains of alkaline rock waste left behind by large-scale mining operations, extracting the alkalinity from the rubble and putting it in the ocean, thus accelerating the carbon transition and rebalancing ocean chemistry.Planetary Technologies is on a mission to remove 1 billion tonnes of carbon dioxide from the atmosphere by 2035.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Mar 17, 2022 | Pre-seed | $4.20M | 1 | Innovacorp | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Innovacorp | Yes | Pre-seed |