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Carbon280 - About the company

Carbon280 is a seed company based in Perth (Australia), founded in 2019 by Willy Lund, Mark Rheinlander and Michael Mclerie. It operates as a Developer of hydrogen storage technology utilizing magnesium for safe storage. Carbon280 has raised $12M in funding from Woodside Energy and Hive Energy. The company has 106 active competitors, including 15 funded and 11 that have exited. Its top competitors include companies like Enagas, Hydrexia and Noble Gas Systems.

Company Details

Developer of hydrogen storage technology utilizing magnesium for safe storage. The technology offers a method for storing hydrogen at ambient temperature and pressure. It is designed to be compatible with existing fuel equipment. The process enables separation of hydrogen from mixed gas streams and storage in one step. The technology is non-flammable and non-toxic, enabling co-location of hydrogen.
Email ID
*****@carbon280.com
Key Metrics
Founded Year
2019
Location
Perth, Australia
Stage
Seed
Total Funding
$12M in 3 rounds
Ranked
Employee Count
4 as on Jul 31, 2026
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Carbon280's funding and investors

Carbon280 has raised a total funding of $12M over 3 rounds. Its first funding round was on Dec 21, 2022. Its latest funding round was a Grant (prize money) round on Aug 18, 2025 for $*****. 1 investor participated in its latest round. Carbon280 has 3 institutional investors.

Here is the list of recent funding rounds of Carbon280:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 18, 2025
1152328
Grant (prize money)
9126822
7364721
4880585
1805692
Aug 18, 2025
3917854
Seed
8490307
1120140
7407746
Dec 21, 2022
6545028
Seed
9236776
8597148
7737807
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Carbon280's founders and board of directors

Founder? Claim Profile
The founders of Carbon280 are Willy Lund, Mark Rheinlander and Michael Mclerie. Mark Rheinlander is the CEO of Carbon280.
Here are the details of Carbon280's key team members:

Carbon280's employee count trend

Carbon280 has 4 employees as of Jul 26. Here is Carbon280's employee count trend over the years:
Employee count trend for Carbon280
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Carbon280's Competitors and alternates

Top competitors of Carbon280 include Enagas, Hydrexia and Noble Gas Systems. Here is the list of Top 10 competitors of Carbon280, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Enagas
Enagas
1972, Madrid (Spain), Public
Provider of pipeline based natural gas transportation and ware-housing services
-
67/100
2nd
Logo for Hydrexia
Hydrexia
2006, Brisbane (Australia), Series D
Provider of hydrogen production, storage, transportation, and application technology solutions
$17.1M
56/100
3rd
Logo for Noble Gas Systems
Noble Gas Systems
2017, Royal Oak (United States), Series B
Manufacturer of gas storage and delivery systems
$9.2M
53/100
4th
Logo for GRZ Technologies
GRZ Technologies
2017, Grolley (Switzerland), Seed
Hydrogen storage solution for renewable energy projects
$29.4K
50/100
5th
Logo for Vortex Energy
Vortex Energy
2021, Vancouver (Canada), Public
Provider of hydrogen fuel from saltwater
-
-
45/100
6th
Logo for Carbon280
Carbon280
2019, Perth (Australia), Seed
Developer of hydrogen storage technology utilizing magnesium for safe storage
$12M
31/100
7th
Logo for AFC Energy
AFC Energy
2006, Cranleigh (United Kingdom), Public
Manufacturer of ammonia crackers and hydrogen fuel cell power generators
-
44/100
8th
Logo for H2APEX
H2APEX
2023, Rostock (Germany), Public
Hydrogen production and energy storage systems
-
-
43/100
9th
Logo for HydroSolid
HydroSolid
2021, Wilhelmsburg (Austria), Seed
Provider of solutions for hydrogen storage
-
43/100
10th
Logo for AMBARTEC
AMBARTEC
2020, Dresden (Germany), Unfunded
Provider of hydrogen storage solution
-
-
40/100
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Carbon280's Investments and acquisitions

Carbon280 has made no investments or acquisitions yet.

Reports related to Carbon280

Here is the latest report on Carbon280's sector:

News related to Carbon280

Media has covered Carbon280 for 1 event in last 1 year.
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FAQs about Carbon280

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