Carbon Ridge

Carbon Ridge is a startup based in the United States, with the slogan "Decarbonizing Maritime Shipping." The company, founded in 2021, specializes in developing carbon capture & storage solutions for the Maritime industry. Their Onboard Carbon Capture & Storage (OCCS) solution aims to provide a low-cost and near-term approach to significantly reduce the intensity of carbon dioxide (CO2) and other greenhouse gases (GHGs) onboard large maritime vessels. The latest milestone for Carbon Ridge was a $9.50M Venture Round investment on 22 October 2024. Notably, the investment came from a consortium of investors including Katapult Ocean, Western Technology Investment, Plug and Play, Spitzer Industries, Inc., Rusheen Capital Management, Grantham Foundation, Crosscut Ventures, and Berge Bulk. With a focus on the Logistics and Delivery industry, Carbon Ridge's innovative approach to addressing emissions in maritime shipping has attracted significant support from a diverse group of investors. As the world continues to prioritize sustainability, Carbon Ridge's solution holds promise for reducing the environmental impact of maritime transportation.