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To reduce carbon emissions by gigatonnes.
Industrial processes account for around one quarter of the world’s carbon emissions. It’s a problem that Carbon Re (short for Reduce, Remove, Revolution) is trying to solve by intertwining AI and sustainability expertise.
The company is a spinout of University College London and Cambridge University, and uses AI analysis to gauge its customers carbon emissions during the production of material like cement, steel, and glass, and in turn identify more sustainable means of production without further expenditure. With this, the company claims it can save customers millions every year.
The company has attracted significant interest, and with financial backing from Albion VC and THe Clean Growth Fund, it's off to an exciting start. By teaming up with industry giants like Heidelberg Materials and FLSmidth Cement, Carbon Re is already making impressive strides and the future looks incredibly bright for the company.
Freddie
Company Specialist at Welcome to the Jungle
Aug 2023
$0.2m
GRANT
Nov 2022
$5.3m
SEED
This company has top investors
Buffy Price
(Co-Founder & COO)Former Project Coordinator at the International Institute for Environment and Development (IIED), then a Senior Management Advisor at Amnesty International. Before co-founding Carbon Re, worked for Element AI in AI for Climate Partnerships.
Daniel Summerbell
(Co-Founder & Chief Solutions Officer)EPSRC Knowledge Transfer Fellow and Postdoctoral Research Associate at the Institute for Manufacturing. Their research focuses on cost-effective environmental improvements in industry.
Josh Vernon
(CEO)Joined Carbon Re in 2024 as CEO. They previously co-founded Earnd (acquired by Wagestream), where they served as the CEO for 5 years. They also spent some time at Humanforce as the Head of Product.