Parallel Carbon

Parallel Carbon

Renewable Energy Semiconductor Manufacturing

Removing and Reducing Carbon, in Parallel Affordable Direct Air Carbon Capture and Clean Hydrogen Technologies

About us

At Parallel Carbon, we're 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 — we're doubling our efforts against climate change.

Website
http://www.parallelcarbon.com
Industry
Renewable Energy Semiconductor Manufacturing
Company size
2-10 employees
Headquarters
Manchester
Type
Public Company
Founded
2021
Specialties
Carbon dioxide removal, Net-zero, Climatetech, CCUS, Direct air capture, Hydrogen Production, Hydrogen, and Carbon Credits

Locations

Employees at Parallel Carbon

Updates

  • View organization page for Parallel Carbon, graphic

    2,204 followers

    🔧On this Carbon Removal Day, we at Parallel Carbon are reminded of our daily mission: to reduce and remove carbon, in parallel. There are 1,000 billion excess tons of CO₂ in the atmosphere. Managing this legacy pollution is 6X cheaper than insufficient action! The time for carbon removal is now. 🚀We need 100 million people to learn about carbon removal (CDR) today. It's time to channel our efforts away from emissions-intensive activities and toward scalable, innovative #CDR solutions. The potential for carbon removal is practically limitless, but it will only be realized if we activate and educate more people about the mission. 🔎At Parallel Carbon, we aim to eliminate over 2 billion tons of CO₂ from the atmosphere by 2040—because it’s a necessity. Our #directaircapture and #hydrogen production technology is the platform for a post-fossil fuel economy, creating the foundation for affordable, carbon-negative products like sustainable aviation fuels and fertilizers. 🌎Global net-zero emissions targets are only a half-measure – we must propel civilization into a carbon-negative world to restore the planet and minimize the costs of climate change. Decarbonization must be paired with carbon removal. One cannot succeed without the other, and sustainable global development cannot succeed without both. 📞We want you and your network on this journey with us. Post (or repost) something about #carbonremovalday. Send this message to someone not working on CDR. It takes just a few seconds to share this message, and be sure to follow us while you’re at it. Break the internet, not the planet. Spread the word, and let’s make CDR a pillar of the future. #CDRNow!

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  • View organization page for Parallel Carbon, graphic

    2,204 followers

    60 Companies Unite for a Sustainable Future in Carbon Removal! We are thrilled to announce that Parallel Carbon has joined forces with 59 leading organisations to endorse the Carbon Dioxide Removal (CDR) Industry Commitments. This groundbreaking initiative sets a new standard for the carbon removal sector, reinforcing our collective dedication to combat climate change and meet the ambitious goals of the Paris Agreement.   🔍Why This Matters: The CDR Industry Commitments represent a significant moment for our industry, aligning with the scientific consensus that to achieve net zero, we must not only reduce emissions but also remove 5-10 gigatons of CO2 annually by 2050.    📌 Key Pillars of the Commitments: 1. Clear Definitions: Establishing what CDR truly entails and its crucial role in climate action. 2. Commitment to Science: Acknowledging the necessity of CDR in our climate strategies. 3. Sustainability & Transparency: Upholding the highest standards of accountability and adherence to regulations. 4. Public Engagement: Ensuring inclusivity and equity in carbon removal activities.   As signatories of these commitments, we are taking responsibility for the growth and integrity of the CDR sector. Our Founder and CEO, Ryan Anderson comments:    “Our effort to deliver the hardware platform for a post-fossil fuel economy is built on high-integrity, transparent, and responsible carbon management foundations. We’re committed, like many others, to scaling carbon removal sustainably.” We invite all players in the CDR sector to join us in this shared commitment to building a future where carbon removals are done the right way, with accountability at its core. Access the Commitments:  https://lnkd.in/eP7d4dh5 

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  • Parallel Carbon reposted this

    View profile for Fernando Lelo de Larrea H., graphic

    Founding Partner @ Rumbo Ventures | MBA, Climate Finance, Private Equity & Venture Capital

    Supporting our Rumbo Ventures portfolio companies Cultivo and Parallel Carbon, both selected among the 100 Carbon Capture Pioneers. Excited to see Enhanced Rock Weathering initiatives like Silica being recognized. More to come!

    View organization page for HackSummit, graphic

    4,000 followers

    100 Carbon Capture and Removal Startups to Scale Ups to Watch There’s no way we can get on track to reach our climate goals without drastically scaling up carbon capture and removal. Having now passed the point of going for avoidance and reduction vs. removals, it is clear we need both. And while there is no silver bullet to hitting net zero, a wide range of innovations are making great strides, including next gen Direct Air Capture (DAC), Enhanced Rock Weathering (ERW), Afforestation and Ocean CO2 Removal. In the list includes: . Innovators in the Global South: Mexican biochar startup Húmica and Tierra Prieta, Kenyan BCR BIOSORRA and DAC startup Octavia Carbon, carbon-negative construction startup FORMWORK IO based in Hong Kong . Industry Scaleups: Climeworks, building the world’s largest DAC plant and Heirloom who built the US’ first commercial DAC plant .Recently funded startups: Ucaneo raising €6.75 million seed funding, Yama announcing $3 million seed funding, Graphyte  securing $30 million Series A as well as Applied Carbon closing $21.5 million Series A 👉 Discover these 100 Carbon Capture and Removal Pioneers, as well as a full list of 156 startups and scaleups working in the space: https://lnkd.in/eVsdvxyj 👋 Ready to meet some of them IRL? Come and join us in New York at the HackSummit in December where we'll debate the pathways to scaling carbon capture and removal. Alkali Earth Carbon Ridge Qaptis Seabound Remora Arbonics Cultivo Flash Forest Land Life Company MORFO Biorecro Drax Group Vaulted Deep RECOAL AG Charm Industrial CyanoCapture ALGIECEL Brilliant Planet Ebb Carbon Brineworks Captura Liquid Trees Phykos, PBC Planetary PRONOE SeaO2 Aqualung Carbon Capture C-Capture Ltd., Leeds CarbiCrete

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  • Parallel Carbon reposted this

    View profile for Aranzazu Carmona Orbezo, graphic

    Founder / CTO @ Parallel Carbon Limited | Chemical Engineering, Process Engineering

    Today I’m attending 🔥THE HEAT Climate Tech Festival Looking forward to make new friends, experience science in action, learn and share my knowledge, to inspire and be inspired, as the event promises. Are you going to be around? Let’s chat! Can’t wait to share all the exciting things we are building at Parallel Carbon

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  • Parallel Carbon reposted this

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    17,520 followers

    🌟 Announcing the Top 10 Hydrogen Innovators! 🌟 The wait is over! We’re excited to reveal the 10 companies chosen for the Sustainable Ventures Hydrogen Innovation Challenge. These pioneers are leading the charge in hydrogen technology, poised to revolutionize the path to Net Zero in the North West! Recognized for their ground-breaking solutions with the potential to reshape industries and drive sustainable growth, these innovations will lead the way for the widespread adoption of hydrogen technologies. 💡 What’s Next?  Over the next three months, they’ll collaborate closely with the Sustainable Ventures team to build partnerships in preparation for the Hydrogen Innovation Showcase Event on December 5th. Register your interest here https://lu.ma/sjllbav6. 🚀 Get to know the Innovations and Innovators below. Stay tuned this is just the beginning of the transformative impact to come! Compact Syngas Solutions Limited, Hydrologiq, ULEMCo Ltd, Wild Hydrogen, HyWaves, Nium, The First Element, Parallel Carbon, DefProc Engineering, Genuine H2

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      7
  • View organization page for Parallel Carbon, graphic

    2,204 followers

    At Parallel Carbon, we take pride in our unique DAC (Direct Air Capture) and electrolyser technology, which enables the production of green hydrogen—an essential tool for decarbonizing industry. By integrating carbon dioxide removal (CDR) with hydrogen production, we aim to double our climate impact. We are thrilled to announce that we have been selected to participate in the next cohort of the Hydrogen Innovation Challenge! Our Founder and CTO, Aranzazu Carmona Orbezo , will lead the charge to showcase our groundbreaking technology at the Hydrogen Innovation Showcase on Thursday, 5th December, 2024. The Hydrogen Innovation Challenge is a three-month program by Sustainable Ventures in partnership with The Centre for Process Innovation (CPI), and with funding from Hydrogen Innovation Initiative. It is designed to accelerate the transition to a low-carbon economy through the adoption of hydrogen technologies across the North-West of England. Running from September to December 2024, the program enhances collaboration, learning, and growth among hydrogen innovators, industry experts, and established businesses. We are proud to join an elite group of innovators pushing the boundaries of hydrogen technology to ensure a safer, more effective fight against climate change. They include: Compact Syngas Solutions Limited Hydrologiq Ltd ULEMCo Ltd Wild Hydrogen Ltd HyWaves Ltd Nium Ltd The First Element DefProc Engineering GenuineH2

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  • View organization page for Parallel Carbon, graphic

    2,204 followers

    We are excited to announce our selection as participants in Newlab’s U.S Department of Energy funded program in Louisiana, focused on commercialising innovative carbon management and clean hydrogen technologies. Newlab, in conjunction with Greater New Orleans, Inc. – GNO, Inc., Shell, Carbonvert, Battelle and Louisiana State University, are aligning local and industrial stakeholders. Our goal: develop and deploy our first demonstration project in Louisiana. We expect the strategic partnerships to provide economic benefits to Louisiana while tapping into the region’s incredible expertise in industrial operations. These factors will ensure we grow our operations safely and efficiently. As we commercialise our process, we also begin the important work of decoupling Louisiana’s economy from the highly polluting industries of the past. According to Newlab, "Louisiana’s rich energy legacy, combined with its strategic infrastructure and workforce, makes it the perfect place for transformative energy initiatives." We are joined on this exciting journey by eight other innovative startups:  Airhive, arculus, Banyu Carbon, Encore CO², Mantel, Molten Industries,  RepAir Carbon Capture, and Vaulted Deep. To read the full article, follow the link: https://lnkd.in/dyX9r_h6 #DirectAirCapture #Climateaction #Innovation #Hydrogen #Sustainability #CleanTech #ParallelCarbon

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  • Parallel Carbon reposted this

    View organization page for Black & Veatch, graphic

    361,283 followers

    Igniting innovation. 🔥🧠 We recently held the 2024 showcase event for our U.S. Department of Energy (DOE) EPIC Prize-recognized IgniteX #Startup Accelerator Program. The event gave our six startups the opportunity to explain their work in the #CarbonDioxide removal space, offering a platform for dialogue, collaboration and actionable insights. Held in conjunction with the 2024 Carbon Management Research Project Review Meeting, this was one of the largest gatherings of experts, #ThoughtLeaders, and industry professionals interested in carbon removal, capture, conversion and transport and storage.

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Funding

Parallel Carbon 3 total rounds

Last Round

Seed

US$ 3.6M

See more info on crunchbase