Ebb Carbon

Ebb Carbon

Ocean-powered carbon removal and restoration

About Ebb Carbon

Simplify's Rating
Why Ebb Carbon is rated
B
Rated C on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Energy

Social Impact

Company Size

11-50

Company Stage

Series A

Total Funding

$33.8M

Headquarters

San Carlos, California

Founded

2021

Overview

Ebb Carbon focuses on removing carbon dioxide from the atmosphere and restoring ocean health. The company uses a method called ocean alkalization, which employs electrochemistry to enhance the natural process of CO2 absorption by the ocean. This process not only helps lower atmospheric CO2 levels but also reduces seawater acidity, benefiting marine ecosystems like shellfish and coral reefs. Ebb Carbon sells carbon removal credits, which allow businesses and individuals to offset their carbon emissions, with a goal of pricing these credits under $100 per ton of CO2 by 2028. Unlike many competitors, Ebb Carbon integrates its technology with existing seawater processing facilities, creating additional revenue opportunities while targeting a diverse market that includes businesses, government agencies, and environmental organizations. The company's goal is to contribute significantly to climate change mitigation while promoting marine life conservation.

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Simplify's Take

What believers are saying

  • Raised $20 million in Series A funding for expansion and product development.
  • Partnership with Microsoft to remove up to 350,000 tons of CO2 over a decade.
  • Located in Pacific Northwest, benefiting from regional carbon-focused initiatives.

What critics are saying

  • Competition from other carbon removal startups in Washington could impact growth.
  • Reliance on partnerships with corporations like Microsoft may pose long-term risks.
  • Potential regulatory changes in carbon credit markets could affect pricing and demand.

What makes Ebb Carbon unique

  • Ebb Carbon uses ocean alkalization to reduce CO2 and seawater acidity.
  • Their technology integrates with existing seawater processing facilities for additional revenue.
  • Ebb Carbon's carbon removal credits offer a tangible way to offset emissions.

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Funding

Total Funding

$33.8M

Above

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$20M
Ebb Carbon
$30M
Kalshi

Growth & Insights and Company News

Headcount

6 month growth

-4%

1 year growth

-4%

2 year growth

5%
Impakter
Oct 30th, 2024
Can Blockchain Technology Help ESG Compliance Without Causing More Damage?

Today's ESG updates spotlight blockchain as a tool for ESG reporting, Microsoft's carbon removal partnership with Ebb, EY's survey on ESG data challenges, a new German study ranking ESG concerns, and the potential of global carbon markets for sustainable investments.

GeekWire
Oct 24th, 2024
Microsoft Signs Deal With Ocean Carbon Removal Project Operating On Washington'S Coast

Sustainability: News about the rapidly growing climate tech sector and other areas of innovation to protect our planet. SEE MOREEbb Carbon is using ocean alkalinity enhancement to remove carbon from seawater. It has a pilot plant in Sequium, Wash. (Ebb Carbon Photo)Microsoft today announced a deal with a marine carbon removal startup on the northern edge of Washington’s Olympic Peninsula to potentially lock away up to 350,000 tons of CO 2 over the next decade.Ebb Carbon uses a technology already employed by winemakers and in sewage plants that can be applied to the ocean, creating water that is chemically more basic than acidic. The basic or alkaline water can capture carbon from the ocean and safely store it — which also helps combat ocean acidification.The agreement starts with 1,333 tons of removal, with the option for Microsoft to buy more removal credits. The companies did not disclose the terms of the deal.“The ocean is a critical part of the carbon cycle,” said Brian Marrs, senior director of Energy and Carbon Removal at Microsoft, in a statement

GeekWire
Oct 8th, 2024
Cleantech Alliance Awarded $2.5M To Create Carbon-Focused Business Hub In Washington State

Sustainability: News about the rapidly growing climate tech sector and other areas of innovation to protect our planet. SEE MOREMichelle Cruz, research scientist for Banyu Carbon, one of Washington state’s carbon removal ventures. (GeekWire Photo / Lisa Stiffler)Washington state’s CleanTech Alliance announced it’s receiving a $2.5 million grant from the U.S. Small Business Administration (SBA) to launch a hub focused on carbon removal, storage and utilization, as well as support for carbon purchasing.As the globe falls behind in efforts to stop the release of more carbon dioxide and other planet-warming pollutants, there is increasing urgency to devise ways to remove CO2 from the atmosphere.The new effort is being called the Washington Energy – Carbon Advancement Network (WECAN). It will receive roughly $500,000 per year over five years to pay for staff and programming.The SBA issued 14 of the awards to establish regional innovation clusters, and this was the only one granted in the Pacific Northwest.Some of the carbon-related startups currently operating in Washington include:Twelve, a sustainable aviation fuel manufacturer that uses carbon dioxide as a feedstock and is building a facility in Moses Lake.CarbonQuest, a Spokane company building carbon capturing devices for buildings and industrial sites.Banyu Carbon, a Seattle startup developing technology for extracting carbon dioxide from the ocean, which in turn lowers the levels in the atmosphere.Ebb Carbon, a startup working at the Pacific Northwest National Laboratory site on the Olympic Peninsula to remove carbon from the air.Myno Carbon, which is producing biochar to store carbon.There is another carbon consortium already underway in the region.One year ago, the Ankeron Carbon Management Hub landed $3 million in funding from the U.S. Department of Energy to do a two-year study on the science, feasibility, job creation and community impacts of carbon removal in the Pacific Northwest.The group is investigating the opportunities for capturing carbon and locking away carbon in rocks or turning it into other compounds such a sustainable aviation fuels.The Pacific Northwest region has landed other climate-related federal hub designations, including hydrogen fuel, sustainable mass timber building materials, and lightweight aircraft hubs

Business Wire
Apr 18th, 2024
Prime Coalition Announces Trellis Climate To Accelerate Deployment Of First-Of-A-Kind Climate Projects Through Catalytic Capital

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Prime Coalition, a nonprofit on a mission to unlock catalytic capital and change the future of climate finance, today announced Trellis Climate (formerly called “Early Climate Infrastructure”), an impact-first catalytic capital program that invests in first-of-a-kind (FOAK) climate infrastructure projects. Trellis Climate is focused on projects with significant climate impact potential, a clear path to scale and a high dependence on catalytic capital for success. Many climate solutions that are critical for addressing the climate crisis struggle to reach commercial scale due to financial barriers. Specifically, FOAK and early climate infrastructure projects are often viewed as too risky, too capital intensive, or both by commercial investors. As a result, many of these projects are struggling to find financing, and in some cases, developers are reducing project sizes or pivoting in ways that will dramatically slow the scaling journey. Trellis Climate will contribute to closing this funding gap by leveraging risk-tolerant, catalytic capital to expedite the scaling of climate technologies that are necessary to achieve net-zero targets by 2050

Startupi
Nov 16th, 2023
Aquecimento Global: Conheça 5 Startups Com Soluções Dedicadas A Combater O Fenômeno

O aquecimento global é um fenômeno climático ligado ao aumento gradual da temperatura média da Terra, principalmente devido às atividades humanas que liberam gases de efeito estufa na atmosfera. Estes gases, como dióxido de carbono (CO2), metano (CH4), óxido nitroso (N2O) e outros, retêm o calor na atmosfera, levando a um aumento nas temperaturas médias globais.As principais causas do aquecimento global são as emissões provenientes da queima de combustíveis fósseis (carvão, petróleo, gás natural) para produção de energia, transporte, indústria e agricultura. O desmatamento e outras práticas que alteram a cobertura vegetal também contribuem para esse problema, já que as árvores desempenham um papel crucial na absorção do CO2 da atmosfera.Acesse aqui e responda ao Censo Investidores 2023! Queremos ouvir você!O cuidado com o meio ambiente já se tornou uma realidade e por isso surgem a cada dia novas startups responsáveis por alertar a população e auxiliar empresas que buscam melhorar sua relação com o meio ambiente por meio de cuidados com ESG.Conheça 5 startups que combatem o aquecimento global:ArboranPara combater o aquecimento global, a Arboran escolheu a arborização de cidades como principal forma de trabalho. A startup conta com uma equipe especializada na elaboração de projetos e execução de serviços com o propósito de transformar as cidades cinzas em áreas verdes, desenvolvendo ferramentas de gestão de áreas verdes urbanas.A startup trabalha com as principais frentes ligadas à arborização nas cidades pelo Brasil, oferecendo projetos de arborização para espaços públicos e privados, além de cuidar da gestão completa de parques e jardins. A Arboran também ajuda na manutenção de árvores já instaladas, oferecendo cuidados com o risco de queda, tratamento fitossanitário para evitar pragas e doenças.EBB CarbonA empresa utiliza tecnologias para tornar o mundo um local equilibrado em relação à emissão de gás carbônico, por meio da água do mar. A Ebb Carbon instala módulos próximos à água do oceano, que puxam a água do mar para passar pelo sistema da empresa, que utiliza processo eletroquímico para remover a acidez

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