Carbon Ridge is a leading developer of carbon capture & storage solutions for the maritime industry. Carbon Ridge's OCCS technology provides a low-cost and near-term solution to reduce carbon dioxide and other greenhouse gases emissions from commercial shipping by up to 95%. Carbon Ridge's technology allows for non-disruptive integration to vessel exhaust systems, enables up to a 75% reduction in process equipment size and volume in comparison to conventional CCS technologies, and is designed for the rigor of commercial maritime operations. In addition to its onboard OCCS technology, Carbon Ridge provides end-to-end solutions including CO2 transportation, sequestration, and credit monetization.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 09/22/22 | $6,000,000 | Venture |
Berge Bulk Crowley Grantham Foundation  Plug & Play Ventures Rusheen Capital Management | undisclosed |
