AClimate Robotics develops robotic systems and AI-powered solutions to capture and store CO2 from the atmosphere by automating soil management. The company designs, manufactures, and leases autonomous robots and software that work with agricultural ecosystems, enabling enhanced soil carbon sequestration and soil health. Revenue comes from selling or leasing the robots, plus maintenance and support services, with potential partnerships to expand reach. The approach differentiates itself by combining robotics, AI, and soil science to scale carbon capture for farmers, environmental groups, and government bodies seeking climate mitigation. The goal is to provide practical, scalable technology that reduces atmospheric CO2 through improved soil carbon storage.
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Industries
Company Size
11-50
Company Stage
Debt Financing
Total Funding
$114.1M
Headquarters
Houston, TX
Founded
2020
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Total Funding
$114.1M
Above
Industry Average
Funded Over
5 Rounds
Applied Carbon has secured $72 million from Citi to fund biochar carbon removal operations in Texas. Investment manager Nuveen also took part. The financing is a principal-protected note with a term of 3.5 years. Investors will receive payments linked to verified carbon removals, rather than standard bond coupons. Citi said it is its first outcome bond tied to verified carbon removals. Applied Carbon makes biochar from agricultural crop residue, using mobile pyrolysis systems that process waste biomass directly in fields. It plans to use the funds to scale this technology across Texas. "This is the kind of structure that will unlock capital for carbon removal at scale," said Jason Aramburu, founder and chief executive officer.
Applied Carbon, a Houston-based technology company, is designing automated machines that convert crop waste into biochar, a charcoal-like substance that improves soil health while storing carbon for millions of years.
Recent investments from Anglo American in the decarbonisation sector include participation in the $21.5m series A funding round for Applied Carbon, a US startup developing technology to scale up the use of biochar, the charcoal remnants of burnt biomass which can potentially be used for carbon sequestration.
The startup has raised $21.5 million to build more of its machines and deploy them throughout the U.S.
Western Growers and S2G Ventures have announced the winner of the 2023 AgSharks Pitch Competition, with Climate Robotics earning an equity investment offer of $250,000 from the event's judges.
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Industries
Company Size
11-50
Company Stage
Debt Financing
Total Funding
$114.1M
Headquarters
Houston, TX
Founded
2020
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs