Planetary - About the company
Planetary is a series A company based in Dartmouth (Canada), founded in 2019 by Greg Rau, Brock Battochio and Brock Battochio. It operates as a Provider of ocean alkalinity enhancement for carbon removal. Planetary has raised $14.6M in funding from investors like Apollo Projects, Evok Innovations and Invest Nova Scotia. The company has 291 active competitors, including 77 funded and 8 that have exited. Its top competitors include companies like Carbon Clean, Ebb Carbon and Charm Industrial.
Company Details
Provider of ocean alkalinity enhancement for carbon removal. This process involves introducing purified alkaline minerals into coastal waters to increase the water's capacity to absorb atmospheric carbon dioxide. The result is permanent carbon removal, reduced ocean acidity, and improved marine ecosystem health. The company utilizes existing infrastructure, such as power plants or wastewater treatment facilities, for mineral introduction. Scientific oversight and third-party verification ensure the safety and effectiveness of the process.
- Website
- www.planetarytech.com/
- Email ID
- *****@planetarytech.com
Key Metrics
Founded Year
2019
Location
Dartmouth, Canada
Stage
Series A
Total Funding
$14.6M in 4 rounds
Latest Funding Round
Investors
Ranked
22nd among 291 active competitors
Employee Count
31 as on Aug 31, 2026
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Planetary's funding and investors
Planetary has raised a total funding of $14.6M over 4 rounds. Its first funding round was on Mar 17, 2022. Its latest funding round was a Series A round on Oct 24, 2024 for $*****. 5 investors participated in its latest round. Planetary has 17 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Planetary:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 24, 2024 | 6557495 | Series A | 3157782 | 1257995 | 7839854 | 8650932 |
Apr 22, 2022 | 8585762 | Grant (prize money) | 2809820 | 8668228 | 8357093 | |
Mar 17, 2022 | 5405207 | Grant (prize money) | 2912512 | 8269008 | 6345255 |
View details of Planetary's funding rounds and investors
Planetary's founders and board of directors
Founder? Claim ProfileThe founders of Planetary are Greg Rau, Brock Battochio and Brock Battochio. Mike Kelland is the CEO of Planetary.
Here are the details of Planetary's key team members:
- Greg Rau: Co-Founder of Planetary and founder of 1 other company. They serve on the board of 1 company.Contact Info: 3 email addresses
- Brock Battochio: Founder of Planetary and founder of 1 other company.
- Brock Battochio: Former Co-Founder of Planetary and founder of 1 other company.
Planetary's Board of Directors
Planetary's board has 2 active members. Jane Kearns and Michael Kelland are independent board members.Here is the list of Planetary's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 2y 4m | |
qkcpnyi | Independent board member | - | Current | 4y 4m |
View details of Planetary's Founder profiles and Board Members
Planetary's employee count trend
Planetary has 31 employees as of Aug 26. Here is Planetary's employee count trend over the years:
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Planetary's Competitors and alternates
Top competitors of Planetary include Carbon Clean, Ebb Carbon and Charm Industrial. Here is the list of Top 10 competitors of Planetary, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Carbon Clean 2009, London (United Kingdom), Series C | Developer of modular carbon capture systems for heavy industrial applications | $243M | 68/100 | |
2nd | Ebb Carbon 2021, San Carlos (United States), Series A | Provider of electrochemical technology for freshwater recovery, carbon removal, and chemicals | $33.8M | 67/100 | |
3rd | Charm Industrial 2018, San Francisco (United States), Series B | Operator of carbon removal technology converting biomass into bio-oil for sequestration | $108M | 63/100 | |
4th | 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 | 62/100 | ||
5th | Provider of biochar for carbon removal and sustainable agriculture solutions | $38.9M | 61/100 | ||
6th | Summit Carbon 2021, Ames (United States), Series A | Operator of a pipeline system for carbon dioxide capture and transport | $1.32B | 60/100 | |
7th | UNDO 2022, London (United Kingdom), Series B | Provider of carbon removal services | $12M | 60/100 | |
8th | AirCapture 2018, Berkeley (United States), Series A | Online platform offering carbon capture solutions | $50M | 59/100 | |
9th | Scaling regenerative agriculture through carbon credits and sustainable supply chain solutions | $84.2M | 57/100 | ||
10th | Equilibrium 2021, Bengaluru (India), Seed | Developer of carbon removal projects using biochar and agricultural practices | $3.17M | 56/100 | |
22nd | Provider of ocean alkalinity enhancement for carbon removal | $14.6M | 45/100 |
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Planetary's Investments and acquisitions
Planetary has made no investments or acquisitions yet.
Reports related to Planetary
Here is the latest report on Planetary's sector:
News related to Planetary
•
Tandem PV Raises $50M in Series A FundingFinSMEs•Mar 04, 2025•Tandem PV, Eclipse, Constellation Energy, Planetary and 6 others
•
Planetary Delivers First Net Ocean Alkalinity Enhancement (OAE) Credits to Shopify, StripeCNW•Nov 18, 2024•Planetary
•
Planetary Technologies Secures $11.35 Million in Series A Funding to Accelerate Carbon Removal InitiativesCNW•Oct 24, 2024•Planetary, BDC, Amplify Capital, DNX Ventures and 2 others
•
Cyclic Materials Secures USD $53M Series B Funding to Accelerate Global Expansion of Rare Earth Recycling Infrastructureintelligence360•Oct 11, 2024•Cyclic Materials, ArcTern Ventures, Hitachi Ventures, Zero Infinity Partners and 6 others
•
Cyclic Materials obtains BUND BURNEMBER B of 53 million USD to accelerate the global expansion of rare recycling infrastructureBusiness Wire•Sep 25, 2024•Cyclic Materials, ArcTern Ventures, BDC, Hitachi Ventures and 7 others
•
Tandem PV Raises Additional $6M in FundingFinSMEs•Jan 16, 2024•Tandem PV, Perovskite-Info, Planetary, Uncorrelated Ventures and 2 others
•
Cyclic Materials Raises $27M in Series A FundingFinSMEs•Apr 25, 2023•Cyclic Materials, Planetary, Bioindustrial Innovation Canada, Fifth Wall and 2 others
•
Carbon-capture kings: Planetary Technologies lands US$1M prize from Musk FoundationOttawa Business Journal•Apr 22, 2022•Planetary, Musk Foundation
•
Carbon Removal Startup Planetary Technologies Announces $7.8M in Funding, Offer of 3,000 Carbon CreditsFinancial Post•Mar 18, 2022•Planetary, Innovacorp, Apollo Projects
•
Planetary Hydrogen Announces Plans for First Sale of Carbon Removal to ShopifyFuelcellsworks•Jan 08, 2021•Planetary, Shopify
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