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Carbon Re
AI platform for industrial decarbonization
- 21-100 employees
- B2B
- Artificial Intelligence
- Enterprise
- Sustainability
- Manufacturing
- Deep Tech
- Construction
- SaaS
- Environmental
- Science
- Borough, London
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Company mission
To reduce gigatonnes of CO2 emissions annually by applying artificial intelligence to energy-intensive industries such as cement and steel.
37% female employees
Our take
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. Indeed the company claims that it can save its customers millions every year.
Having launched in 2021, Carbon Re is still in its early stages, but it's attracted the interest, and the financial backing of Albion VC and The Clean Growth Fund. The next big steps will be to commercialize its offering after its development at its university base, as well as moving onto other areas of industry.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Cycle to work scheme
- Regular company-wide socials, like anniversary events and holiday parties
- Smaller team lunches, dinners, breakfasts & other social get-togethers
- Enhanced maternity, paternity, adoption or shared parental paid leave (after 13 weeks working for the company)
- 30 days holiday per year
- 5% company pension contribution
- Personal learning budget of £500 a year for you to spend on books, training courses and conferences
- All-in-one mental health support - with confidential assistance at no cost
Funding (last 2 of 5 rounds)
Aug 2023
$0.2m
GRANT
Nov 2022
$5.4m
SEED
Total funding: $7.3m
This company has top investors
Leadership
Sherif Elsayed-Ali
(CEO)Former Director of Global Issues and Research at Amnesty International, former Co-chair, Global Council on the Future of Human Rights and Technology at the World Economic Forum. Before co-founding Carbon Re, was the Director of AI For Climate at Element AI.
Aidan O'Sullivan
(CTO)Associate Professor in Energy and Artificial Intelligence at UCL Energy Institute and fellow at the Alan Turing Institute. Aidan’s research has focused on the application of AI to energy systems.
Buffy Price
(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
(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.
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