Charm Industrial
Team size: 51 - 200
Sector: Energy
About Charm Industrial
Founders: James Tamplin, Kelly Hering, Kevin Meissner, Peter Reinhardt, Shaun Meehan
Founded date: 2018
Connect: charmindustrial.com
Investors: PRIME Coalition, Prime Impact Fund
Company stage: Series B
Charm Industrial has developed a novel pathway for carbon sequestration: putting oil back underground in the form of bio-oil. The process converts agricultural residue to bio-oil, then injects the bio-oil into deep geological formations for permanent storage. After winning carbon removal contracts from Stripe, Shopify and Microsoft in 2020, Charm Industrial began rapidly scaling fulfillment. At scale, Charm Industrial plans to gasify bio-oil to produce industrial syngas. Charm's engineering team is based in San Francisco, with operations in Louisiana, Kansas and Oklahoma.