CARNOT

The Future of Sustainable Powertrains

General Information
Company Name
CARNOT
Founded Year
2019
Location (Offices)
London, United Kingdom +1
Founders / Decision Makers
Number of Employees
75
Industries
Sustainability, Transportation, Clean Energy +1
Funding Stage
Equity Crowdfunding
Social Media

CARNOT - Company Profile

CARNOT is a startup with the slogan "The Future of Sustainable Powertrains." They are focused on developing highly efficient, zero-emission powertrains to decarbonize long-haul transport and off-grid power, with the ambitious goal of reducing global CO2 emissions by 13%. The company's approach aims to accelerate the world's transition to net zero by delivering clean, affordable, and scalable power to challenging-to-decarbonize applications.

At the core of CARNOT's powertrains is a highly efficient engine operating at 70% thermal efficiency. This innovative design eliminates the need for a cooling system and maximizes energy extraction from fuel, translating to significant reductions in fuel costs and a 35% overall cost of ownership decrease compared to diesel. Notably, the technology is fuel agnostic, meaning it can work with various alternatives such as biofuels, e-fuels, hydrogen, ammonia, and fuel blends.

The startup's achievements include securing a position in the Oxford University Innovation Incubator, raising over £1.7m in funding through two heavily overfunded Crowdcube rounds, and receiving numerous grants from organizations such as the Net Zero Technology Centre, Eureka Eurostars, Energy Catalyst, and Clean Maritime Demonstrator Competition. Additionally, the company has conducted extensive prototyping to validate its technology and is moving towards delivering field trials.

CARNOT was founded in 2019 and is headquartered in the United Kingdom. Its most recent investment of £612.82K came through Crowdcube on 26 October 2022.

Taxonomy: zero emission powertrains, decarbonising long-haul transport, off-grid power, OEM partnerships, marine propulsion, heavy duty powertrains, fuel agnostic technology, high thermal efficiency, clean energy, sustainable technology, innovative engine design, alternative fuels, grant-funded, prototyping, venture funding

Funding Rounds & Investors of CARNOT (4)

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Funding Stage Amount No. Investors Investors Date
Equity Crowdfunding £612.82K 1 26 Oct 2022
Seed Round Unknown 1 Startupbootcamp Australia 25 Aug 2022
Equity Crowdfunding £811.80K 1 21 Oct 2021
Equity Crowdfunding £273.35K 1 18 Sep 2020

Latest News of CARNOT

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No recent news or press coverage available for CARNOT.

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