Parallel Carbon Overview
- Year Founded
-
2021
- Status
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Private
- Employees
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5
- Latest Deal Type
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Accelerator/Inc
- Investors
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12
Parallel Carbon General Information
Description
Developer of direct air carbon capture (DAC) and clean hydrogen production technologies designed for direct air carbon dioxide capture and hydrogen production through water electrolysis. The company offers an affordable pathway to perform carbon dioxide removal while producing clean hydrogen and carbon-negative hydrogen, which significantly reduces the cost of zeroing global emissions, and integrates water electrolysis and DAC processes to reduce capital costs, operate with intermittent electricity, and better utilize low-cost renewable power, enabling industries to eliminate hard-to-abate/decarbonize emissions.
Contact Information
Website
www.parallelcarbon.comCorporate Office
- Unit 4 Westbrook Park
- Trafford Park Road
- Manchester M17 1AY
- England, United Kingdom
Corporate Office
- Unit 4 Westbrook Park
- Trafford Park Road
- Manchester M17 1AY
- England, United Kingdom
Parallel Carbon Timeline
Parallel Carbon Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Accelerator/Incubator | 00.000 | Completed | Generating Revenue | |||
| 5. Seed Round | 19-Dec-2023 | 00.000 | 00.000 | 000.00 | Completed | Generating Revenue |
| 4. Accelerator/Incubator | 13-Oct-2023 | 00000 | Completed | Generating Revenue | ||
| 3. Accelerator/Incubator | 00000 | Completed | Generating Revenue | |||
| 2. Seed Round | $200K | $200K | 00.00 | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 17-Oct-2022 | Completed | Generating Revenue |
Parallel Carbon Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
| Seed-1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Parallel Carbon Comparisons
Industry
Financing
Details
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Parallel Carbon Competitors (12)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Sustaera | Venture Capital-Backed | Durham, NC | 00 | 000.00 | 0000000000 0 | 000.00 |
| Carbyon | Venture Capital-Backed | Eindhoven, Netherlands | 00 | 000.00 | 00000000000 | 000.00 |
| AirCapture | Venture Capital-Backed | Berkeley, CA | 00 | 0000000000 0 | ||
| Mission Zero Technologies | Venture Capital-Backed | London, United Kingdom | 00 | 000.00 | 00000000000 | 000.00 |
| RepAir | Venture Capital-Backed | Yokneam, Israel | 00 | 000.00 | 0000000000 | 000.00 |
Parallel Carbon Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Parallel Carbon Patents
Parallel Carbon Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-2023212880-A1 | System, apparatus, and method for alkaline earth metal hydroxide looping for carbon dioxide removal from air | Pending | 31-Jan-2022 | 000000000 |
Parallel Carbon Executive Team (2)
| Name | Title | Board Seat |
|---|---|---|
| Ryan Anderson Ph.D | Co-Founder, Chief Executive Officer and Board Member | |
| Aránazazu Orbezo Ph.D | Co-Founder, Chief Technology Officer an Board Member |
Parallel Carbon Board Members (5)
| Name | Representing | Role | Since |
|---|---|---|---|
| Andrew Shebbeare | Counteract Partners | Board Member | 000 0000 |
| Dominic Falcao | Deep Science Ventures | Board Member | 000 0000 |
| Tibor Toth | Aramco Ventures | Board Member | 000 0000 |
Parallel Carbon Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Parallel Carbon Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Andrew MacKay | Angel (individual) | Minority | 000 0000 | 000000 0 |
| Aramco Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 |
| Axon Partners Group | Growth/Expansion | Minority | 000 0000 | 000000 0 |
| Counteract Partners | Venture Capital | Minority | 000 0000 | 000000 0 |
| DNX Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |
Parallel Carbon FAQs
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When was Parallel Carbon founded?
Parallel Carbon was founded in 2021.
-
Who is the founder of Parallel Carbon?
Ryan Anderson Ph.D and Aránazazu Orbezo Ph.D are the founders of Parallel Carbon.
-
Who is the CEO of Parallel Carbon?
Ryan Anderson Ph.D is the CEO of Parallel Carbon.
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Where is Parallel Carbon headquartered?
Parallel Carbon is headquartered in Manchester, United Kingdom.
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What is the size of Parallel Carbon?
Parallel Carbon has 5 total employees.
-
What industry is Parallel Carbon in?
Parallel Carbon’s primary industry is Environmental Services (B2B).
-
Is Parallel Carbon a private or public company?
Parallel Carbon is a Private company.
-
What is Parallel Carbon’s current revenue?
The current revenue for Parallel Carbon is 000000.
-
How much funding has Parallel Carbon raised over time?
Parallel Carbon has raised $3.82M.
-
Who are Parallel Carbon’s investors?
Andrew MacKay, Aramco Ventures, Axon Partners Group, Counteract Partners, and DNX Ventures are 5 of 12 investors who have invested in Parallel Carbon.
-
Who are Parallel Carbon’s competitors?
Sustaera, Carbyon, AirCapture, Mission Zero Technologies, and RepAir are some of the 12 competitors of Parallel Carbon.
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