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DateInvestorsAmountRound
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$6.0m

Early VC
Total Funding000k

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Carbon Ridge is a pioneering startup focused on providing scalable solutions to the maritime industry to help it meet decarbonization goals. The maritime shipping sector is responsible for nearly 3% of global CO2 emissions, and Carbon Ridge aims to address this significant environmental challenge. The company specializes in Onboard Carbon Capture and Storage (OCCS) technology, which is designed to capture carbon dioxide (CO2) emissions directly from a ship's exhaust system and store it in liquified form onboard.

The primary clients of Carbon Ridge are maritime shipping companies that are looking to reduce their carbon footprint and comply with the International Maritime Organization's (IMO) stringent decarbonization targets. The market for Carbon Ridge's solutions is the global maritime industry, which is under increasing pressure to adopt greener technologies.

Carbon Ridge's business model revolves around selling and installing their modular OCCS systems on ships. These systems are externally mounted and capture CO2 emissions from the ship's exhaust, storing the captured CO2 in liquified tanks. The modular nature of the system means it can be easily scaled and adapted to different types of vessels, making it a versatile solution for the industry.

The company generates revenue through the sale of these OCCS systems and potentially through ongoing maintenance and service contracts. By offering a practical and scalable solution to a pressing environmental issue, Carbon Ridge positions itself as a key player in the maritime industry's transition to lower carbon emissions.

Keywords: Maritime, Decarbonization, Carbon Capture, CO2 Emissions, Modular Systems, Shipping, Environmental Solutions, IMO Compliance, Liquified Storage, Green Technology.