When was Entropy founded?

Entropy was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Entropy located?

Entropy is headquartered in Calgary, Canada. It is registered at 200 W SPECKLED TROUT,ROCKPORT,TX,78382,4.

How many employees does Entropy have?

As of Apr 30, 2026, the latest employee count at Entropy is 36.

Is Entropy a funded company?

Entropy is a funded company, having raised a total of $390M across 2 funding rounds to date. The company's 1st funding round was a $***** Series D round, raised on Mar 28, 2022.

When was the latest funding round of Entropy?

Entropy's latest funding was a $***** Series D round on Dec 20, 2023, with participation from 1 investor.

Where does Entropy rank among its competitors?

Entropy ranks 32nd amongst 368 active competitors, of which 127 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Immaterial, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Entropy?

Entropy's top competitors include Carbon Clean, Ebb Carbon and Heirloom. Among them, Immaterial secured the most recent funding round in February, 2026.

Entropy - 2026 Company Profile, Funding & Competitors

Entropy is a series D company based in Calgary (Canada), founded in 2021. It operates as a Provider of full-service carbon capture and storage solutions. This includes project development, carbon capture and transport, and reliable underground sequestration. Services encompass advisory support, proprietary technology installation, and regulatory compliance management. The company offers solutions for various industries, focusing on efficient and reliable carbon removal and storage. They utilize proprietary technologies for capturing emissions from different sources, such as reciprocating engines, boilers, and gas turbines.. Entropy has raised $390M in funding. The company has 368 active competitors, including 127 funded and 11 that have exited. Its top competitors include companies like Carbon Clean, Ebb Carbon and Heirloom.

Company Details

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Website: www.entropyinc.com/
Email ID: *****@entropyinc.com
Phone Number: +1 **********
Registered Address: 200 W SPECKLED TROUT,ROCKPORT,TX,78382,4

Key Metrics

Founded Year

2021

Location

Calgary, Canada

Stage

Series D

Total Funding

$390M in 2 rounds

Latest Funding Round

Series D, Dec 20, 2023, $*****

Investors

Brookfield Asset Management & 1 more

Ranked

32^nd among 368 active competitors

Employee Count

36 as on Apr 30, 2026

Similar Companies

Carbon Clean & 238 more

View Entropy's full profile

Entropy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ENTROPY INC. CIN: 32062402592 , United States, Active	Dec 26, 2016	-	-	-

Entropy has raised a total funding of $390M over 2 rounds. Its first funding round was on Mar 28, 2022. Its latest funding round was a Series D round on Dec 20, 2023 for $*****. 1 investor participated in its latest round. Entropy has 2 institutional investors.

Here is the list of recent funding rounds of Entropy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 20, 2023	3886466	Series D	5952296	9162377	5540749	4031610
Mar 28, 2022	2418221	Series D	4235137	3499105	8600522	Brookfield Asset Management

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View details of Entropy's funding rounds and investors

Entropy's employee count trend

Entropy has 36 employees as of Apr 26. Here is Entropy's employee count trend over the years:

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Top competitors of Entropy include Carbon Clean, Ebb Carbon and Heirloom. Here is the list of Top 10 competitors of Entropy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Carbon Clean 2009, London (United Kingdom), Series C	Developer of technology for industrial carbon capture and utilisation solutions	$243M	Chevron, Equinor & 61 others	69/100
2nd	Ebb Carbon 2021, San Carlos (United States), Series A	Provider of electrochemical technology for freshwater recovery, carbon removal, and chemicals	$33.8M	Prelude Ventures, Evok Innovations & 5 others	67/100
3rd	Heirloom 2020, San Francisco (United States), Series B	Provider of direct air capture technology for permanent carbon dioxide removal	$203M	Development Bank of Japan, Breakthrough Energy ... & 30 others	64/100
4th	Mission Zero 2020, London (United Kingdom), Series A	Developer of technology to recover carbon dioxide from the atmosphere	$32.8M	Breakthrough Energy, 2150.VC & 12 others	64/100
5th	UNDO 2022, London (United Kingdom), Series B	Provider of carbon removal services	$12M	AENU, Lowercarbon Capital & 56 others	63/100
6th	Mombak 2021, Sao Paulo (Brazil), Series C	Provider of large-scale reforestation-based carbon removal. It undertakes native, biodiverse reforestation projects to remove significant amounts of atmospheric carbon. The company works with landowners, utilizing various financial models including outcome bonds, to facilitate these projects. This approach aims to restore degraded land, promote biodiversity, and create economic opportunities. It focuses on building long-term partnerships and employing scientific methods to ensure the integrity and effectiveness of its carbon removal initiatives.	$89.2M	AXA, BNDES & 3 others	63/100
7th	CarbonCapture 2019, Los Angeles (United States), Series A	Developer of modular direct air capture systems and carbon removal credits	$115M	Prime Movers Lab, Rio Tinto & 14 others	63/100
8th	Charm Industrial 2018, San Francisco (United States), Series B	Operator of carbon removal technology converting biomass into bio-oil for sequestration	$108M	Seek Ventures, General Catalyst & 15 others	62/100
9th	Agreena 2016, Copenhagen (Denmark), Series B	Scaling regenerative agriculture through carbon credits and sustainable supply chain solutions	$84.2M	Kinnevik, Giant Ventures & 11 others	62/100
10th	Immaterial 2015, Cambridge (United Kingdom), Series A	Manufacturer of nanoscale metal-organic frameworks	$18.2M	SLB, SLB & 12 others	61/100
32nd	Entropy 2021, Calgary (Canada), Series D	Provider of full-service carbon capture and storage solutions. This includes project development, carbon capture and transport, and reliable underground sequestration. Services encompass advisory support, proprietary technology installation, and regulatory compliance management. The company offers solutions for various industries, focusing on efficient and reliable carbon removal and storage. They utilize proprietary technologies for capturing emissions from different sources, such as reciprocating engines, boilers, and gas turbines.	$390M	Brookfield Asset Management, Canada Growth Fund	53/100