Remora, founded with the mission to reduce carbon emissions from semi-trucks, is developing an innovative device that captures carbon emissions directly from the tailpipe. This device mounts on the back of the truck and filters out carbon emissions, which are then offloaded and sold as high-purity liquid CO2 to end-users or sequestered underground. By doing so, Remora not only helps in reducing emissions but also creates a new revenue stream for truck operators through shared revenue from CO2 sales.
Notable people affiliated with Remora include its founders and key investors who are committed to environmental sustainability and technological innovation. The company has achieved significant milestones in developing and testing its carbon capture technology, positioning itself as a leader in the emerging market of mobile carbon capture solutions. Remora's impact lies in its dual approach of addressing climate change while providing economic benefits to its customers, thus fostering a more sustainable transportation industry.
Quick Facts
Who are Remora's competitors?
Companies similar to Remora include Carbon Limit, AirMyne, Trace Midstream and Sustaera.
When was Remora founded?
Remora was founded in 2020.
Where is Remora's headquarters located?
Remora's headquarters is located in Spokane, WA, US.
When was Remora's last funding round?
Remora's most recent funding round was for $125k (USD) in April 2021.
How much disclosed funding has Remora raised?
As of Apr 1, 2021, Remora has disclosed funding of $125k (USD). Undisclosed round amounts are excluded.
How many employees does Remora have?
Remora has 55 employees as of Feb 24, 2024.
Classification
- Industry
- Ownership
- Technology
- Geographic Exposure
- Global
- Revenue
- Customer
- Main Product
- Tags
- NAICS
- 520000Finance and Insurance
- 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- 523900Other Financial Investment Activities
- 523990All Other Financial Investment Activities
- 523999Miscellaneous Financial Investment Activities
- SIC
- 6798Real Estate Investment Trusts
- 6700Holding And Other Investment Offices
- 6790Miscellaneous Investing
- ISIC
- 6430Trusts, funds and similar financial entities
- 6810Real estate activities with own or leased property
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- NAICS
- 320000Manufacturing
- 321000Wood Product Manufacturing
- 321100Sawmills and Wood Preservation
- 321110Sawmills and Wood Preservation
- 321113Sawmills
- 525900Other Investment Pools and Funds
- 525920Trusts, Estates, and Agency Accounts
- 525990Other Financial Vehicles
- 530000Real Estate and Rental and Leasing
- 531000Real Estate
- 531100Lessors of Real Estate
- 531110Lessors of Residential Buildings and Dwellings
- 531120Lessors of Nonresidential Buildings (except Miniwarehouses)
- 531130Lessors of Miniwarehouses and Self-Storage Units
- 531190Lessors of Other Real Estate Property
- 531200Offices of Real Estate Agents and Brokers
- 531210Offices of Real Estate Agents and Brokers
- 540000Professional, Scientific, and Technical Services
- 525000Funds, Trusts, and Other Financial Vehicles
- 541000Professional, Scientific, and Technical Services
- SIC
- 2400Lumber And Wood Products, Except Furniture
- 2420Sawmills And Planing Mills
- 2421Sawmills and Planing Mills, General
- 6500Real Estate
- 6530Real Estate Agents And Managers
- 6531Real Estate Agents And Managers
- 5000Wholesale Trade-durable Goods
- 6000Depository Institutions
- 7300Business Services
- 6720Investment Offices
- 6722Management Investment Offices, Open-end












