When was Carbonlites founded?

Carbonlites was founded in 2009 and raised its 1st funding round 8 years after it was founded.

Where is Carbonlites located?

Carbonlites is headquartered in Bengaluru, India. It is registered at NO 533, 18TH CROSS 1ST BLOCK R T NAGAR, Bangalore, BANGALORE, Karnataka, India, 560032.

Which legal entities is Carbonlites associated with?

Carbonlites is associated with CARBON MASTERS INDIA PRIVATE LIMITED.

How many employees does Carbonlites have?

As of Aug 31, 2025, the latest employee count at Carbonlites is 58.

Is Carbonlites a funded company?

Carbonlites is a funded company, having raised a total of $2.93M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 29, 2017.

How much is Carbonlites worth?

The latest valuation of Carbonlites is $***** as of Mar 25, 2025.

When was the latest funding round of Carbonlites?

Carbonlites' latest funding was a $***** Seed round on Mar 03, 2025, with participation from 36 investors.

What is the annual revenue of Carbonlites?

Annual revenue of Carbonlites is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Carbonlites rank among its competitors?

Carbonlites ranks 2nd amongst 85 active competitors, of which 30 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Wildfire Energy, which secured $1.39M in Jul, 2026.

Who are the top competitors of Carbonlites?

Carbonlites' top competitors include GPS Renewables, Raízen and Sistema. Among them, Wildfire Energy secured the most recent funding round in July, 2026.

Carbonlites - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Biogas digester developer and bio-CNG producer. It offers products such as carbonlites cylinder, a ready to use bio-CNG purified biogas for cooking purposes, carbonlites-in-a-box, a biogas anaerobic digester unit, carbonlites organic manure, an organic manure synthesized from the digestate produced while making carbonlites.

Website: www.carbonlites.com
Social
Email ID: *****@carbonlites.com
Part Of
Registered Address: NO 533, 18TH CROSS 1ST BLOCK R T NAGAR, Bangalore, BANGALORE, Karnataka, India, 560032

Key Metrics

Founded Year

2009

Location

Bengaluru, India

Stage

Seed

Total Funding

$2.93M in 8 rounds

Latest Funding Round

Seed, Mar 03, 2025, $*****

Post Money Valuation

$***** as on Mar 25, 2025

Investors

Schneider Electric & 146 more

Ranked

2^nd among 85 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

58 as on Aug 31, 2025

Similar Companies

GPS Renewables & 59 more

View Carbonlites' full profile

Carbonlites is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CARBON MASTERS INDIA PRIVATE LIMITED CIN: U74999KA2012PTC062682 , India, Active	Feb 23, 2012	₹10 - ₹50 Cr (As on Mar 31, 2025)	65 (As on Apr 01, 2026)

Carbonlites has raised a total funding of $2.93M over 8 rounds. Its first funding round was on May 29, 2017. Its latest funding round was a Seed round on Mar 03, 2025 for $*****. 36 investors participated in its latest round. Carbonlites has 25 institutional investors and 122 angel investors.

Here is the list of recent funding rounds of Carbonlites:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 03, 2025	7638072	Seed	5733752	1398817	3118718	1146291
Apr 12, 2024	6487781	Seed	5743628	7346913	8582120	Ashish Kumar & 1 more
Jun 09, 2022	9417430	Seed	1622608	9449601	Schneider Electric	Sangam Ventures & 7 more

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View details of Carbonlites's funding rounds and investors

The founders of Carbonlites are Kevin Houston and Som Narayan.

Here are the details of Carbonlites' key team members:

Kevin Houston: Co-Founder of Carbonlites and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Som Narayan: Co-Founder of Carbonlites. They serve on the board of 1 company.
Contact Info: 1 email address

Carbonlites' Board of Directors

Carbonlites's board has 2 active members. Kevin Houston and Bob Raynsford are part of team.

Here is the list of Carbonlites' board of directors:

Name	Type	Representing	Status	Duration
Kevin Houston	Team	-	Current	14y 5m
lenxiql	Team	-	Past	4y 4m
nmsirdp	Team	-	Past	1y 1m

View details of Carbonlites's Founder profiles and Board Members

Carbonlites' employee count trend

Carbonlites has 58 employees as of Aug 25. The total employee count is 7.0% more than what it was in Aug 24. Here is Carbonlites's employee count trend over the years:

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Top competitors of Carbonlites include GPS Renewables, Raízen and Sistema. Here is the list of Top 10 competitors of Carbonlites, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GPS Renewables 2012, Bengaluru (India), Series C	Provider of biogas engineering and clean fuels technology solutions	$91.7M	PixelSky Capital, Triodos Investment Management ... & 20 others	69/100
2nd	Carbonlites 2009, Bengaluru (India), Seed	Biogas digester developer and bio-CNG producer	$2.93M	Indian Angel Network, Schneider Electric ... & 145 others	64/100
3rd	Raízen 2011, Sao Paulo (Brazil), Public	Provider of bioenergy from waste products	-	Citi, Credit Agricole CIB & 3 others	63/100
4th	Sistema 2009, Mexico (Mexico), Series B	Provider of biodigester technology that transforms animal waste into bioenergy	$60.4M	Engie, DILA Capital & 30 others	59/100
5th	Aemetis 2006, Cupertino (United States), Public	Manufacturer of renewable fuels and renewable chemicals	-	State of California, India Venture Partnership ... & 3 others	55/100
6th	WtE-As 2017, Barcelona (Spain), Series B	Provider of solutions to convert waste into fuel	$11.8M	SC Netzero Ventures, CEMEX Ventures & 2 others	54/100
7th	Carbon Masters 2009, Bengaluru (India), Series A	Provider of carbon footprinting software and Net Zero consulting services	$2.05M	Schneider Electric, Good Capital & 75 others	53/100
8th	Divert 2005, Concord (United States), Series B	Provider of recyclable waste management services	$1B	Ara Partners, Enbridge & 3 others	52/100
9th	Wildfire Energy 2016, Brisbane (Australia), Seed	Developer of biomass to syngas conversion technology	$1.39M	Airbus Official, Qantas & 7 others	50/100
10th	Hydron Energy 2020, Vancouver (Canada), Series A	Developer of technology that upgrades biogas and purifies syn-gases	-	National Research Council Canada, Plug and Play Tech Center ... & 4 others	49/100

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Founders (largest shareholder) own 38.22%, Funds own 14.21%, Enterprises own 14.81% and Angels own 20.42%. The net worth of Carbonlites's founders is INR 27.6Cr as of Jul 16, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	38.22%	27.6Cr	5950733	2982984	4431414	5136494
Fund	14.21%	10.3Cr	5436489	5287333	8638908	9231764
Sangam Ventures	22	91	14	69	76	78
Villgro	0	0	0	0	0	0
Enterprise	14.81%	10.7Cr	2841851	8504324	5063714	8388707
Angel	20.42%	14.7Cr	8055351	6889710	2504344	2522720
Ashish Kumar	16	97	17	49	66	59
ESOP Pool	7.56%	5.46Cr	9053259	4472029	5561285	1569079
Other Investors	4.78%	3.45Cr	3298	2142	3397	5936
Total	100.00%	72.2Cr	4613991	8865000	5401252	9408403