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Remora Carbon

Onboard CO2 capture for heavy trucks

Controller

Full-TimeUpdated on 10/23/2026
$160k - $200k+ Stock options
Expert
Wixom, MI, USA
In PersonIn-person work required in Wixom, Michigan.
AccountingFinancial Accounting

About the job

Requirements
  • A Certified Public Accountant (CPA) credential is required.
  • Public accounting experience with a strong audit foundation, ideally at a large national or global firm.
  • At least 10 years of progressive accounting and controllership experience.
  • Several years of experience in an industry controllership, technical accounting, or similar role following public accounting.
  • Strong technical accounting judgment and experience developing and defending accounting positions with auditors.
  • Demonstrated ability to take ownership of complex accounting problems and build processes from the ground up.
Responsibilities
  • Own the monthly close, general ledger, and financial reporting process, including payroll, accounts payable, and accounts receivable during the early stages of the role.
  • Lead revenue recognition and accounts receivable across multiple revenue streams.
  • Develop and implement accounting policies, procedures, and internal controls as the company scales.
  • Lead the company through its first financial audit, including technical accounting positions, documentation, schedules, and auditor relationships.
  • Manage accounting for debt, leases, equity instruments, warrants, and other complex financing arrangements, including lender reporting and covenant requirements.
  • Support fixed asset and construction-in-progress accounting, including capitalization, project costs, placing assets into service, depreciation, and cost of sales.
  • Lead the accounting workstream for selecting and implementing a new enterprise resource planning system, replacing QuickBooks over the next 12–18 months.
  • Build scalable multi-entity and project-level accounting processes as project financing structures expand.
  • Partner with Finance, Operations, Engineering, Legal, and other teams to ensure accounting accurately reflects the business.
  • Build, manage, and develop the accounting team as the company grows.

About the company

Remora Carbon provides a CO2 capture device for Class 8 tractors that attaches to the truck’s aftertreatment system to scrub exhaust and capture CO2, which is then compressed and stored in onboard tanks. The system uses exhaust heat to help power parts and can automatically bypass if tanks are full, allowing the truck to keep moving. Offloading is done by connecting to external tanks; Remora Carbon installs offload tanks at distribution centers for round trips and is rolling out tanks at truck stops for long-haul routes. Captured CO2 is delivered to end-users or sequestered underground in EPA-certified wells. Revenue comes from selling or leasing the devices and from collecting and delivering the captured CO2. The goal is to reduce carbon emissions in the trucking industry by providing a practical, scalable CO2 capture and storage solution.

Company Size

51-200

Company Stage

Series B

Total Funding

$102.6M

Headquarters

Wixom, Michigan

Founded

2020

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Simplify's Take

What believers are saying

  • PHL's 2025 development deal and investment anchor Remora inside Ports of Los Angeles-Long Beach.
  • Norfolk Southern said 2026 first carbon-capturing rail car tests begin by late summer.
  • Remora says 2030 output reaches 500 units yearly, scaling from locomotive pilots.

What critics are saying

  • Revenue depends on selling captured CO2; 2026 oversupply crushes pricing and offload economics.
  • Union Pacific has not announced deployment; evaluation agreements still leave Remora pre-revenue.
  • If locomotive pilots miss 2026 performance targets, railroad customers cancel and Remora stalls existentially.

What makes Remora Carbon unique

  • Remora's exhaust-heat-powered capture retrofit avoids replacing Class 8 tractors, unlike battery trucks.
  • 2025 Norfolk Southern and Union Pacific pilots validate freight-rail adaptation before broad truck rollout.
  • The carbon revenue-sharing model turns captured CO2 into partner income, not pure compliance cost.

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Benefits

  • Health Insurance
  • 401(k) Retirement Plan
  • Paid Vacation
  • Paid Holidays
  • Parental Leave
  • Unlimited Sick Leave
  • Flexible Work Hours
  • Remote Work Options
  • Office setup (remote) or relocation (in-person) stipend
  • Student loan assistance
  • Three Weeks of paid time off
  • Dependent care assistance (childcare or eldercare)

Growth & Insights and Company News

6 month growth

0%

1 year growth

0%

2 year growth

-2%
BBI International
Nov 12th, 2025
Pacific Harbor Line Expands Sustainability Efforts with Remora Partnership

Pacific Harbor Line expands sustainability efforts with Remora partnership. Anacostia Rail Holdings (ARH) announced that its Pacific Harbor Line (PHL) subsidiary has entered into a development agreement with Remora, a Michigan-based climate technology startup that is pioneering mobile carbon capture for freight rail and trucking. PHL, which provides rail transportation, maintenance and dispatching services to both Ports of Long Beach and Los Angeles, is also an investor in Remora, and Peter A. Gilbertson, president and CEO of PHL's parent company, Anacostia Rail Holdings, serves as an advisor. The partnership aligns with PHL's long-standing commitment to innovation, environmental stewardship, and practical pathways toward decarbonization of freight rail operations. "We are proud of our progress toward zero emission operations, which started when we acquired Tier 2 (lower emission) locomotives some 16 years ago," says Otis L. Cliatt II, PHL President. That initial success was followed by an evolution to Tier 3+ locomotives and then a conversion to renewable diesel fuel which cut CO[2] emissions by some 70 percent. PHL also operated a zeroemission (ZE) EMD(R) Joule battery-electric locomotive from Progress Rail in test service, and it currently operates a Tier 4 locomotive. The railroad plans to upgrade its entire fleet of Tier 3+ locomotives to Tier 4 using proven after-treatment technologies. "For PHL and Anacostia, carbon capture adds yet another option in our efforts to slash emissions," says Gilbertson. "In addition to reducing CO[2] emissions, Remora's technology elevates connected locomotives to EPA Tier 4 standards and also enables the reuse of carbon in other commercial applications." The U.S. is facing a CO[2] shortage, even as trains and trucks emit roughly 375 million tons of it every year. Remora's solution captures that CO[2], converts it to liquid, and sells it to industries such as farming, food production, and manufacturing, sharing the revenue with its transportation partners. "This partnership with Remora gives PHL an opportunity to help shape a technology that could significantly reduce freight rail emissions while creating new economic value for operators," said Cliatt. "We're proud to support innovations that have the potential to benefit the entire rail industry." Founded five years ago, Remora has raised $117 million in venture capital from investors. The company's early truck-based pilots informed a redesigned system that eliminates backpressure, increases efficiency, and captures up to one ton of CO[2] per hour at locomotive scale. "We're building this technology not only to meet environmental goals, but to make it financially compelling for railroads," said Paul Gross, co-founder and CEO of Remora. "Pacific Harbor Line's support and Anacostia's leadership will be instrumental as we bring carbon capture to freight rail."

American Bazaar, Inc.
Apr 29th, 2025
Remora raises $117M, partners with Union Pacific

Remora, a carbon capture company, raised $117 million and partnered with Union Pacific Railroad and Norfolk Southern. The Michigan-based startup is expanding its carbon capture technology to trains, addressing the 375 million tons of CO₂ emitted annually by trucks and trains.

American Bazaar, Inc.
Apr 29th, 2025
Remora raises $117 million and partners with Union Pacific Railroad

Remora raises $117 million and partners with Union Pacific Railroad.

Carbon Herald
Apr 29th, 2025
Remora Aims To Cut Freight Rail Emissions With CO2 Capture After $60M Funding Round

Remora is expanding its focus from trucking to rail, as it prepares to test its mobile carbon capture system on freight trains.

Voyager Ventures
Feb 28th, 2024
Portfolio - Voyager

We have been individually investing in early-stage climate technology companies since 2015 and have partnered with some incredible teams over the years.