Lithos Carbon - About the company
Lithos Carbon is a series A company based in San Francisco (United States), founded in 2022 by Noah Planavsky and Chris Reinhard. It operates as a Provider of carbon dioxide removal through enhanced rock weathering on farms. Lithos Carbon has raised $63.4M in funding from investors like Greylock Partners, Union Square Ventures and Bain Capital Ventures. The company has 23 active competitors, including 8 funded and 1 that has exited. Its top competitors include companies like Terradot, Alt Carbon and Eion.
Company Details
Provider of carbon dioxide removal through enhanced rock weathering on farms. It applies basalt to farmland, which reacts with rainwater to capture carbon dioxide. This process converts atmospheric CO2 into dissolved bicarbonate and releases nutrients into the soil. The company measures carbon removal and tracks it through rivers to the ocean. It optimizes basalt application for crop yield and soil health.
- Website
- www.lithoscarbon.com/
Key Metrics
Founded Year
2022
Location
San Francisco, United States
Stage
Series A
Total Funding
$63.4M in 2 rounds
Latest Funding Round
Investors
Ranked
5th among 23 active competitors
Employee Count
34 as on Jul 31, 2026
Legal entities associated with Lithos Carbon
Lithos Carbon is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Lithos CIN: 55403016701 , Latvia, Deadpooled | Mar 09, 2006 | €0 - €1M (As on Dec 31, 2020) | 1 (As on Dec 31, 2020) | - |
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Lithos Carbon's funding and investors
Lithos Carbon has raised a total funding of $63.4M over 2 rounds. Its first funding round was on Oct 20, 2022. Its latest funding round was a Series A round on Dec 07, 2023 for $*****. 1 investor participated in its latest round. Lithos Carbon has 10 institutional investors.
Here is the list of recent funding rounds of Lithos Carbon:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 07, 2023 | 3519052 | Series A | 1651687 | 9883356 | 1406546 | 4741689 |
Oct 20, 2022 | 3183556 | Seed | 5019148 | 3704053 |
View details of Lithos Carbon's funding rounds and investors
Lithos Carbon's founders and board of directors
Founder? Claim ProfileThe founders of Lithos Carbon are Noah Planavsky and Chris Reinhard.
Here are the details of Lithos Carbon's key team members:
- Noah Planavsky: Co-Founder of Lithos Carbon. Contact Info: 1 email address
- Chris Reinhard: Co-Founder of Lithos Carbon. Contact Info: 1 email address
View details of Lithos Carbon's Founder profiles and Board Members
Lithos Carbon's employee count trend
Lithos Carbon has 34 employees as of Jul 26. Here is Lithos Carbon's employee count trend over the years:
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Lithos Carbon's Competitors and alternates
Top competitors of Lithos Carbon include Terradot, Alt Carbon and Eion. Here is the list of Top 10 competitors of Lithos Carbon, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Terradot 2023, Stanford (United States), Series A | Technology solution for carbon removal | $58.2M | 63/100 | |
2nd | Alt Carbon 2023, Bengaluru (India), Seed | Provider of carbon dioxide removal services through enhanced rock weathering | $12.6M | 53/100 | |
3rd | Eion 2021, Princeton (United States), Acquired | Provider of enhanced weathering carbon removal solutions for agriculture. It uses specialized rocks to accelerate the Earth's natural CO2 storage process. These minerals are pulverized and applied to farmland, permanently capturing CO2 while improving soil health and fitting seamlessly into existing agricultural practices. The company's patented measurement approach ensures reliable, scalable carbon removal, delivering verifiable results. This approach offers a sustainable solution for carbon sequestration and creates economic benefits for rural communities. | $12M | 51/100 | |
4th | 4401 Earth 2020, London (United Kingdom), Series A | Provider of accelerated mineralisation process for permanent carbon dioxide removal | $62.7M | 50/100 | |
5th | Lithos Carbon 2022, San Francisco (United States), Series A | Provider of carbon dioxide removal through enhanced rock weathering on farms | $63.4M | 48/100 | |
6th | Developer of carbon removal projects | $5.84M | 46/100 | ||
7th | Phathom 2013, Florham Park (United States), Seed | Developer of carbon dioxide removal technology using bioenergy and ocean storage | $12M | 43/100 | |
8th | Everest Carbon 2022, San Francisco (United States), Seed | Provider of carbon removal solution | $3M | 37/100 | |
9th | Cascade Climate 2007, Somerville (United States), Unfunded | Technology solution for CO2 removal | - | - | 36/100 |
10th | Mati 2022, Houston (United States), Funding Raised | Provider of enhanced rock weathering solutions for carbon removal and agriculture | - | 35/100 |
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Lithos Carbon's Investments and acquisitions
Lithos Carbon has made no investments or acquisitions yet.
Reports related to Lithos Carbon
Here is the latest report on Lithos Carbon's sector:
News related to Lithos Carbon
Media has covered Lithos Carbon for 1 event in last 1 year, It was about company updates.
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Lithos Carbon Awarded IRCAI and AWS’s Compute for Climate FellowshipBusiness Wire•Nov 21, 2024•Lithos Carbon
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Frontier Climate, Lithos Carbon Enter $57.1M Enhanced Weathering Purchase AgreementGlobal AgInvesting•Dec 13, 2023•Frontier, Lithos Carbon
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Carbon removal company Lithos lands $6.3M for ag-focused climate techGeekWire•Oct 20, 2022•Carbon Removal Partners, Cavallo Ventures, Bain Capital Ventures, Fall Line Capital and 5 others
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