Company is active
Event Year: 2021
Company is active
Event Year: 2021
Remora is developing innovative carbon capture technology specifically designed for integration with trains and trucks. Their system aims to generate revenue streams for railroad and trucking companies by capturing, purifying, and subsequently selling the CO2 extracted from vehicle exhaust. Remora's technology is engineered to capture up to 90% of CO2 emissions from a vehicle's exhaust stream, while simultaneously reducing the output of soot, particulate matter, and NOx, contributing to cleaner air and a more sustainable transportation sector.
Remora has established strategic partnerships with industry leaders such as Union Pacific, Norfolk Southern, Ryder, and Werner. The company has secured substantial funding, raising $117 million from prominent investors including Lowercarbon Capital, Valor Equity Partners, Union Square Ventures, and Y Combinator, demonstrating strong investor confidence in their technology and business model.
Remora is developing innovative carbon capture technology specifically designed for integration with trains and trucks. Their system aims to generate revenue streams for railroad and trucking companies by capturing, purifying, and subsequently selling the CO2 extracted from vehicle exhaust. Remora's technology is engineered to capture up to 90% of CO2 emissions from a vehicle's exhaust stream, while simultaneously reducing the output of soot, particulate matter, and NOx, contributing to cleaner air and a more sustainable transportation sector.
Remora has established strategic partnerships with industry leaders such as Union Pacific, Norfolk Southern, Ryder, and Werner. The company has secured substantial funding, raising $117 million from prominent investors including Lowercarbon Capital, Valor Equity Partners, Union Square Ventures, and Y Combinator, demonstrating strong investor confidence in their technology and business model.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2021
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2021
Industrials
Industrials
Industrials -> Climate
Industrials -> Climate
Team size: 45
Hiring: No
Team size: 45
Hiring: No