What is Planetary Technologies?
Planetary Technologies operates at the intersection of climate science and industrial engineering, specializing in ocean alkalinity enhancement. By leveraging the ocean's inherent capacity to absorb and store atmospheric carbon, the company provides a scalable, nature-inspired solution to mitigate the impacts of climate change. As a leader in the carbon removal sector, Planetary Technologies is positioning itself as a critical player in the global effort to stabilize carbon levels through innovative, science-backed methodologies that prioritize environmental integrity and long-term sequestration efficiency.
How much funding has Planetary Technologies raised?
Planetary Technologies has raised a total of $14.7M across 2 funding rounds:
Angel/Seed
$3.3M
Series A
$11.3M
Angel/Seed (2022): $3.3M with participation from Apollo Projects
Series A (2024): $11.4M led by Amplify Capital, Evok Innovations, ICONIQ Capital, DNX Ventures, and BDC Capital Management
Key Investors in Planetary Technologies
Amplify Capital
Amplify Capital is a B Corp certified firm that invests in transformational technologies, focusing on pre-seed to Series A companies that address urgent global challenges in climate, health, and education.
Evok Innovations
Evok Innovations is a climate-focused venture capital firm that partners with entrepreneurs to scale hard tech solutions for heavy industry, energy, and critical minerals.
ICONIQ Capital
ICONIQ Capital is a privately-held investment firm providing financial advisory and family office services, with a strong focus on technology growth equity and venture capital.
What's next for Planetary Technologies?
With the successful closure of this major strategic investment, Planetary Technologies is well-positioned to accelerate its technical roadmap and expand its operational footprint. The company is expected to utilize these resources to refine its alkalinity enhancement processes, conduct larger-scale field trials, and strengthen its regulatory and environmental compliance frameworks. As the climate technology sector continues to attract significant institutional interest, Planetary Technologies remains focused on scaling its infrastructure to meet the urgent demand for high-quality, verifiable carbon removal solutions. The firm's ability to bridge the gap between scientific innovation and industrial application will be the primary driver of its future growth and market influence.
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