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Planetary - About the company

Planetary is a series A company based in Dartmouth (Canada), founded in 2019 by Greg Rau 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 261 active competitors, including 78 funded and 8 that have exited. Its top competitors include companies like Carbon Clean, Ebb Carbon and UNDO.

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.
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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
Ranked
Employee Count
31 as on Jul 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 16 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Planetary:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 24, 2024
1135960
Series A
8134277
8651210
1802133
7578177
Apr 22, 2022
4141594
Grant (prize money)
1008923
8913305
9787046
Mar 17, 2022
6643223
Grant (prize money)
8708195
2008958
7574503
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Planetary's founders and board of directors

Founder? Claim Profile
The founders of Planetary are Greg Rau and Brock Battochio. Mike Kelland is the CEO of Planetary.
Here are the details of Planetary's key team members:

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 2m
zcfygmf
Independent board member
-
Current
2y 9m

Planetary's employee count trend

Planetary has 31 employees as of Jul 26. Here is Planetary's employee count trend over the years:
Employee count trend for Planetary
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Planetary's Competitors and alternates

Top competitors of Planetary include Carbon Clean, Ebb Carbon and UNDO. Here is the list of Top 10 competitors of Planetary, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Carbon Clean
Carbon Clean
2009, London (United Kingdom), Series C
Developer of technology for industrial carbon capture and utilisation solutions
$243M
68/100
2nd
Logo for Ebb Carbon
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
Logo for UNDO
UNDO
2022, London (United Kingdom), Series B
Provider of carbon removal services
$12M
64/100
4th
Logo for Mombak
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
63/100
5th
Logo for Charm Industrial
Charm Industrial
2018, San Francisco (United States), Series B
Operator of carbon removal technology converting biomass into bio-oil for sequestration
$108M
62/100
6th
Logo for Agreena
Agreena
2016, Copenhagen (Denmark), Series B
Scaling regenerative agriculture through carbon credits and sustainable supply chain solutions
$84.2M
62/100
7th
Logo for NetZero
NetZero
2021, Paris (France), Series A
Provider of biochar for carbon removal and sustainable agriculture solutions
$38.9M
61/100
8th
Logo for Summit Carbon
Summit Carbon
2021, Ames (United States), Series A
Operator of a pipeline system for carbon dioxide capture and transport
$1.32B
60/100
9th
Logo for AirCapture
AirCapture
2018, Berkeley (United States), Series A
Online platform offering carbon capture solutions
$50M
59/100
10th
Logo for GCT
GCT
2022, Essen (Germany), Seed
Provider of carbon capture solutions
$19.8M
56/100
25th
Logo for Planetary
Planetary
2019, Dartmouth (Canada), Series A
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

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News related to Planetary

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FAQs about Planetary

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