Parallel Carbon

📍 Manchester, United Kingdom🗓 Founded 2021👥 5 employees💰 Last funded Mar 2024
At Parallel Carbon, were on a mission to halt climate change through innovative solutions. Our technology combines Direct Air Capture (DAC) and Water Electrolysis processes, harnessing solar and wind power to remove carbon from the atmosphere and produce clean hydrogen affordably. With a commitment to sustainability, by 2030 we will capture carbon for under $100 per ton and generate clean hydrogen for $1 per kilogram. Embracing a dual process — ancient geochemistry coupled with modern electrochemistry — were doubling our efforts against climate change.
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Total investors
0
Early stage
1
Mid stage
0
Late stage
2021
Founded

Investors

1 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
United States
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Frequently asked questions
Who invested in Parallel Carbon?
Parallel Carbon has 1 investors on record on gritt.io, 1 mid-stage.
When did Parallel Carbon last raise funding?
The most recent investment in Parallel Carbon recorded on gritt.io was in March 2024.
When was Parallel Carbon founded?
Parallel Carbon was founded in 2021.
What industry is Parallel Carbon in?
Parallel Carbon operates in Renewable Energy Semiconductor Manufacturing. Find similar Renewable Energy Semiconductor Manufacturing investors on gritt.io.
Where is Parallel Carbon based?
Parallel Carbon is headquartered in Manchester, United Kingdom.