We looked at 226 carbon capture companies that impact the electricity market. SeeO2 Energy, Pachama, Deep Branch, Hexas, and Carbonfree Chemicals have developed five cutting-edge solutions to keep an eye on. Our Innovation Analysts recently investigated new technologies and up-and-coming startups developing energy-related solutions. We want to share our experiences because there are so many startups working on so many different solutions. This time, we’re looking at five promising carbon capture companies.
Heat Map: 5 Top Carbon Capture & Storage Startups
Using our Status Insights Platform, covering 1.116.000+ startups & emerging companies, we looked at innovation in the field of energy. We found 226 carbon capture methods for this study and five of them to highlight below. These businesses were selected using a data-driven startup scouting strategy that considered factors such as location, founding year, and technology, among others. The top picks could look very different depending on the particular requirements. The Global Startup Heat Map below highlights 5 entrepreneurs and emerging businesses working on cutting-edge carbon capture, recycling, and utilization technologies.
See O2 Energy – Carbon Emissions To Fuel
One of the innovations expected to achieve global warming goals is removing Greenhouse Gases (GHGs) from the environment by introducing technology to trap and store carbon dioxide. This technology can dramatically reduce carbon emissions from manufacturing and fossil fuel combustion. Breaking down GHGs into different fuels, which are then used to generate power or heat, is one way to accomplish this. Today’s startups are working on energy systems that turn electricity into gas or other fuels.
Carbon Emissions Into Industrial Hemp – Mirreco
Industrial hemp has a broad range of uses, including paper, textiles, biodegradable plastics, building, food, and power. As one of the fastest-growing biomasses, Hemp has a lot of potential for industrial carbon capture. Hemp may also be used to mitigate the effects of potentially toxic compounds like dioxins, which are carcinogenic and lead to pollution, cosmetics, and plastics, mostly made from fossil fuels and are difficult to degrade. MIRRECO, an Australian startup, creates hemp CAST (Carbon Asset Storage Technology) products by combining non-synthetic advanced polymers and hemp.
Deep Branch Biotech – Carbon Recycling
Many methods can trap and store carbon dioxide underground. There are, however, more options for capturing and converting carbon dioxide into valuable fuels or other substitutes. For example, ethanol is a viable petrochemical made from carbon mining used in various industries. Carbon capture companies can achieve carbon neutrality with these technologies without changing too many facets of their operations.
Deep Branch Biotechnology, a British startup, is designing vertically scaled technologies to assist polluting companies in producing energy. The company’s carbon recycling technology has clean, nutrient-dense, and long-lasting single-cell protein from carbon dioxide in industrial waste gas. This cuts emitters’ carbon footprints and provides the feed industry with renewable alternatives to soy and fishmeal. Furthermore, this technology is based on bacteria, needs very little labor and soil, and does not require sunlight.
Hexas Biomass – Carbon Capture & Sequestration from Bioenergy
Along with renewables and carbon capture, another emerging innovation field is reaching ‘zero emissions,’ or eliminating large amounts of carbon dioxide from the environment. Carbon capture companies can remove carbon dioxide from the air and store it underground while still producing valuable biofuels by producing bioenergy from biomass feedstocks such as agricultural waste. As this prevention approach does cause ground emissions, startups are currently tackling some of the problems it faces. However, if more polluting companies switch to bioenergy fuels, fewer emissions would be released into the atmosphere.
Hexas Biomass is a startup based in the United States that manufactures and sells non-wood biomass feedstock. Xeno Grass is a perennial grass that grows quickly and produces 15 to 25 dry tonnes of biomass per acre per year. The product is insect and drought-tolerant, and it grows in a variety of climates and soil types. Xeno Grass is a nitrogen fixer that sequesters significant carbon above and below ground. Xeno Grass is also used in bioremediation to extract toxins and heavy metals from the environment.