The carbon solutions innovations market is gaining momentum as climate-tech startups, energy companies, and industrial players deploy groundbreaking technologies to capture, utilize, and permanently store carbon dioxide. From direct air capture and enhanced weathering to carbon mineralization and synthetic fuels, these innovations transform CO₂ from a climate liability into valuable products or safely sequester it for good. Enabled by advancements in materials science, electrochemistry, and process engineering, the sector is driving decarbonization across industries. This surge is fueled by policy tailwinds, investor urgency, and global net-zero commitments.
In North America alone, over $22.37 billion has been raised across 413 rounds by just 232 companies we analyzed, with a median maturity of 6 years and a compound annual growth rate (CAGR) in funding of 61.2%.
Below, we’ve curated a list of 15 high-potential companies reshaping carbon management from North American and Canadian locations. Download the full market report to explore the leading technologies and subspaces defining this critical climate frontier.
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Companies that may catch your eye from this space:
Arca Climate Technologies, Inc.
Arca focuses on carbon mineralization processes, effectively capturing and permanently storing CO₂ as stable minerals.
Headquarter: Vancouver, Canada
Founded: 2021
Headcount: 12
Funding: $16.41M (6 rounds), Seed ($8.0M), Aug 2024
Company website: https://arcaclimate.com
LinkedIn: https://linkedin.com/company/arcaclimate
CO2 Lock
CO2 Lock is focused on carbon mineralization processes, utilizing brucite to permanently lock away carbon dioxide.
Headquarter: Vancouver, Canada
Founded: 2021
Headcount: 3
Funding: $1.1M (1 round), Seed ($1.1M), Sep 2023
Company website: https://co2lockcorp.com
LinkedIn: https://linkedin.com/company/co2-lock-corporation
CREW Carbon
CREW Carbon focuses on carbon mineralization processes through its enhanced weathering technology, which treats wastewater and stores CO2 permanently.
Headquarter: Hamden, United States
Founded: 2022
Headcount: 9
Funding: $5.3M (1 round), Seed ($5.3M), Oct 2024
Company website: https://crewcarbon.com
LinkedIn: https://linkedin.com/company/crew-carbon
Vesta
The company focuses on carbon mineralization processes, utilizing olivine to sequester CO2 permanently.
Headquarter: San Francisco, United States
Founded: 2019
Headcount: 28
Funding: $1.6M (3 rounds), Grant, Jan 2020
Company website: https://vesta.earth
LinkedIn: https://linkedin.com/company/vestaearth
CERT Systems
The company focuses on the development of synthetic fuels and employs technologies for synthetic fuel production from carbon dioxide.
Headquarter: Toronto, Canada
Founded: 2019
Headcount: 13
Funding: $1.4M (2 rounds), Pre-Seed, Jan 2020
Company website: https://co2cert.com
LinkedIn: https://linkedin.com/company/co2cert
Minus Materials
The company focuses on carbon mineralization processes, producing carbon-negative limestone that sequesters CO2.
Headquarter: Boulder, United States
Founded: 2021
Headcount: 3
Funding: $275K (1 round), Pre-Seed ($275K), Aug 2022
Company website: https://minusmaterials.com
LinkedIn: https://linkedin.com/company/minus-materials
Prometheus
The company focuses on direct air capture technologies and is involved in the development of synthetic fuels.
Headquarter: San Mateo, United States
Founded: 2018
Headcount: 36
Funding: $150K (3 rounds), Series B, Sep 2021
Company website: https://prometheusfuels.com
LinkedIn: https://linkedin.com/company/prometheusfuels
Hyperion Global Energy
The company focuses on carbon mineralization and carbon utilization innovations, converting CO2 into solid minerals and valuable products.
Headquarter: Ottawa, Canada
Founded: 2016
Headcount: 1
Funding: $2.12M (3 rounds), Seed ($2.0M), Mar 2021
Company website: https://hyperionenergy.ca
LinkedIn: https://linkedin.com/company/tandem-technical
Oxylus Energy
The company is focused on the production of synthetic fuels and innovations in carbon utilization, converting captured CO2 into valuable products.
Headquarter: New Haven, United States
Founded: 2023
Headcount: 4
Funding: $4.5M (1 round), Seed ($4.5M), Sep 2024
Company website: https://oxylusenergy.com
LinkedIn: https://linkedin.com/company/oxylus-energy
Carbotura
The company focuses on direct air capture of CO2 and develops technologies that utilize captured carbon to create valuable materials.
Headquarter: Naples, United States
Founded: 2014
Headcount: 6
Funding: $300K (1 round), Pre-Seed ($300K), Jul 2022
Company website: https://carbotura.com
LinkedIn: https://linkedin.com/company/carbotura
EDAC Labs
EDAC Labs is focused on technologies for direct air capture of carbon dioxide, which aligns with the requirements for direct air capture and direct air capture technologies.
Headquarter: Baltimore, United States
Founded: 2022
Headcount: 8
Funding: $3.0M (1 round), Seed ($3.0M), Aug 2023
Company website: https://edaclabs.com
LinkedIn: https://linkedin.com/company/edac-labs
TerraFixing
The company focuses on direct air capture technologies, utilizing innovative methods to extract CO₂ from the atmosphere.
Headquarter: Ottawa, Canada
Founded: 2020
Headcount: 4
Funding: $1.17M (2 rounds), Seed ($1.17M), May 2024
Company website: https://terrafixing.com
LinkedIn: https://linkedin.com/company/terrafixing
Wren
Wren focuses on carbon mineralization and employs enhanced weathering techniques to capture atmospheric CO2.
Headquarter: San Jose, United States
Founded: 2019
Headcount: 420
Funding: $8.25M (4 rounds), Seed, Jul 2022
Company website: https://wren.co
LinkedIn: https://linkedin.com/company/project-wren
Clairity Technology
Clairity Technology is focused on direct air capture technologies, actively developing systems to remove carbon dioxide from the atmosphere.
Headquarter: Los Angeles, United States
Founded: 2022
Headcount: 8
Funding: $6.75M (1 round), Seed ($6.75M), Feb 2024
Company website: https://clairitytech.com
LinkedIn: https://linkedin.com/company/clairity-tech
SkyNano
SkyNano focuses on direct air capture technologies and develops innovations that utilize captured carbon dioxide as a feedstock for producing valuable materials.
Headquarter: Knoxville, United States
Founded: 2017
Headcount: 8
Funding: $4.87M (5 rounds), Grant ($1.65M), Aug 2024
Company website: https://skynanotechnologies.com
LinkedIn: https://linkedin.com/company/skynano
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