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Heimdal
Ocean based carbon capture
- 1-20 employees
- B2B
- Energy
- Sustainability
- Manufacturing
- Deep Tech
- Kailua-Kona, HI
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Company mission
To decarbonize the world by harnessing cheap renewable electricity and the sea to undo past and future emissions of CO2.
Our take
Technological innovation is vital for companies around the world to take action to tackle climate change. Heimdall is pioneering “ocean-assisted” carbon removal, extracting CO2 at scale by capturing it in carbon-negative materials, thus reducing ocean acidification
Operating out of a small pilot plant, the company’s Carbon Capture units currently capture 36 tons of CO2 per year at a cost of $475 per ton, far lower than any other direct air capture in the world. The company has also made a strategic partnership with Karbon-X Corp, a carbon marketing and project development company
Backed by Zillionare, the company’s next plant is being designed to capture 5,000 tons of CO2 per year (costing <$200 per ton). Heimdal faces the challenge of needing to grow as quickly as the climate crisis requires, however, its innovative technology has it set to see swift expansion
Steph
Company Specialist at Welcome to the Jungle
Funding (last 2 of 3 rounds)
Sep 2023
$15.5m
EARLY VC
Aug 2021
$0.2m
SEED
Total funding: $22.1m
This company has top investors
Leadership
Marcus Lima
(Co-CEO)Former Junior Consultant at QVARTZ, and Undergraduate Researcher at the Centre for Theoretical and Computational Chemistry, University of Oslo.
Erik Millar
(Co-CEO)Former Batch S21 at Y Combinator. Received their MSc in Energy Systems from the University of Oxford.