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Charm Industrial
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Charm Industrial

Carbon removal technology.

About

Founded

2018

Headquarters

San Francisco, California

Industry

Climate

Company Description

Charm Industrial is working to return the atmosphere to 280 ppm CO₂. We design, build and operate a fleet of mobile fast pyrolyzers that convert ag and forest biomass residues into bio-oil for use in carbon removal and direct-reduced-iron steelmaking.

Quick Links

WebsiteJobs

Funding

Total Raised

$103.5 million

Valuation

Undisclosed

Significant Investors

General Catalyst, Lowercarbon Capital, Exor Ventures, Kinnevik, Thrive Capital, Elad Gil

Company Traction

  • As of June 2023, Charm Industrial has removed 6,200 tons of carbon and has 140,000 tons of deals with JP Morgan Chase and Frontier.
  • Charm Industrial counts JP Morgan Chase, Frontier, Stripe, Microsoft, Alphabet, and Meta as customers.

Leadership Team

  • Peter Reinhardt: Co-Founder & CEO of Charm Industrial. Former Co-Founder & CEO of Segment.
  • Cecilia Pang: Head of People at Charm Industrial. Former Head of Corporate and Business Finance and Strategy at Stripe.
  • Katie Flannery Holligan: Head of Operations at Charm Industrial. Former Senior Operations Engineer at Carbon Lighthouse.
  • Tim Thomson: Head of Finance at Charm Industrial. Former SVP of Finance and Operations at Meati.
  • Edward Young: Head of Research at Charm Industrial. Former Postdoctoral Researcher at Stanford University. 

Press

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