Terradot

Terradot

Large-scale carbon removal through Enhanced Rock Weathering

About Terradot

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

Industries

Food & Agriculture

Data & Analytics

Energy

Company Size

11-50

Company Stage

Series A

Total Funding

$56.6M

Headquarters

Stanford, California

Founded

2022

Overview

Company Does Not Provide H1B Sponsorship

Terradot.earth specializes in large-scale carbon removal through Enhanced Rock Weathering (ERW), which involves spreading crushed silicate rock on fields to capture carbon dioxide (CO2) for up to 10,000 years. Their proprietary Measurement, Reporting, and Verification (MRV) system ensures the carbon removal process is safe and measurable, allowing for optimization of both carbon capture and land health. Unlike competitors, Terradot focuses on making their technology accessible for large-scale deployment, partnering with agricultural and mining industries, as well as governments. The company's goal is to create a cost-effective and widely adopted solution for carbon removal, contributing to climate change mitigation and land restoration.

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Funded Recently
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Simplify's Take

What believers are saying

  • Growing interest in soil carbon sequestration boosts demand for Terradot's ERW solutions.
  • EU's Green Deal offers expansion opportunities in the European market.
  • Advanced MRV technologies meet stakeholder demands for transparency in carbon offset markets.

What critics are saying

  • Potential competition from new ERW startups could threaten Terradot's market position.
  • Reliance on large corporations like Google poses risks if partnerships change.
  • Fluctuating government policies on carbon credits may impact revenue streams.

What makes Terradot unique

  • Terradot uses Enhanced Rock Weathering for long-term CO2 removal, unique in its approach.
  • Their proprietary MRV system ensures measurable and impactful carbon removal processes.
  • Partnerships with tech giants like Google highlight their industry-leading position.

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Funding

Total Funding

$56.6M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
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
$54M
Terradot
$100M
GitHub

Growth & Insights and Company News

Headcount

6 month growth

↓ -12%

1 year growth

↑ 0%

2 year growth

↑ 0%
Carbon Herald
Dec 13th, 2024
Terradot Launches With A $60M Investment, Making Record ERW Sales

With a vision of turning enhanced rock weathering into a global CO2 removal solution within the next decade, Terradot is also working on developing a suite of tools and a digital platform that will enable optimized carbon intake via ERW, along with high-precision monitoring, reporting, and verification (MRV) of the CO2 removal progress.

Finsmes
Dec 12th, 2024
Terradot Raises $58.2M in Funding

Terradot, a San Francisco, CA-based climate company, raised $58.2m in funding.

ESG Today
Dec 12th, 2024
Terradot Secures $54M, Partners with Google

Google has signed its largest carbon removal deal with Terradot, purchasing 200,000 tonnes of carbon removal credits through enhanced rock weathering (ERW), starting in 2029. Google also invested in Terradot, which raised $54 million in Series A funding. The deal supports Terradot's ERW approach to capture CO2 in crushed rocks and soil. Terradot also secured a 90,000-tonne carbon removal agreement with Frontier, involving companies like Stripe and Shopify.

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