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Remora Analysis: $5.5M Raised

What is Remora?

Remora specializes in carbon capture technology for vehicles, particularly trains and trucks. Their unique approach involves retrofitting vehicles to extract and purify CO2 from exhaust emissions. This process not only reduces harmful pollutants but also generates revenue by selling the captured CO2.

HQ Country
Wixom, United States
Employees
11-50
Founded
2020
Industry
Climate Tech, Transportation

Product Features & Capabilities

  • Retrofit locomotives and semi-trucks with zero-backpressure carbon capture
  • Extract and purify up to 90% of CO2 from exhaust
  • Reduce soot, particulate matter, and NOx emissions
  • Share revenue from sold purified CO2 with operators
  • Achieve Tier 4 emissions standards.

How much Remora raised

1: - $5.5 million

August 2021
Lead Investor: Union Square Ventures, among others.

Financial Overview

$5.5MTotal Raised
1:$5.5 million
August 2021
Investors: Union Square Ventures, among others.
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