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Parallel Carbon

Last funding round

Raised
$3,600,000
Round
Seed

Funding News (3)

Jan 9 2024Carbon Herald

Startup details

Parallel Carbon

Parallel Carbon

Parallel Carbon is a company that utilizes renewable energy for clean hydrogen production while pulling carbon dioxide from the atmosphere. Their system integrates water electrolysis and direct air capture (DAC) to reduce capital costs and better utilize low-cost renewable energy.
www.parallelcarbon.com
Manchester, England, United Kingdom
Established in 2021
2-10 People
Industrials, Energy

Founders

Ryan Anderson

Ryan Anderson

Founder and CEO

Ex: Deep Science Ventures, BloombergNEF, Rutgers University, University of Tulsa

New York City, New York, United States

Investment details

Raised
$3,600,000
Round
Seed
Investors
Aramco Ventures
LEAD
Counteract
Axon Partners
DNX Ventures
Voyagers
Rumbo Ventures

Funding News (2)

Jan 10 2024Carbon Capture Magazine
Jan 11 2024Capital-Riesgo

Founder Stories

Dr. Sterghois Moschos, PulmoBioMed

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