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.
- 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
25th among 261 active competitors
Employee Count
31 as on Jul 31, 2026
Similar Companies
Sign up to download Planetary's company profile
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:
Filter 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 |
View details of Planetary's funding rounds and investors
Planetary's founders and board of directors
Founder? Claim ProfileHere 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: 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 2m | |
zcfygmf | Independent board member | - | Current | 2y 9m |
View details of Planetary's Founder profiles and Board Members
Planetary's employee count trend
Planetary has 31 employees as of Jul 26. Here is Planetary's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
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 | 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 | UNDO 2022, London (United Kingdom), Series B | Provider of carbon removal services | $12M | 64/100 | |
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 | 63/100 | ||
5th | 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 | Scaling regenerative agriculture through carbon credits and sustainable supply chain solutions | $84.2M | 62/100 | ||
7th | Provider of biochar for carbon removal and sustainable agriculture solutions | $38.9M | 61/100 | ||
8th | Summit Carbon 2021, Ames (United States), Series A | Operator of a pipeline system for carbon dioxide capture and transport | $1.32B | 60/100 | |
9th | AirCapture 2018, Berkeley (United States), Series A | Online platform offering carbon capture solutions | $50M | 59/100 | |
10th | Provider of carbon capture solutions | $19.8M | 56/100 | ||
25th | Provider of ocean alkalinity enhancement for carbon removal | $14.6M | 45/100 |
Looking for more details on Planetary's competitors? Click here to see the top ones
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
•
•
•
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
•
•
Planetary Hydrogen Announces Plans for First Sale of Carbon Removal to ShopifyFuelcellsworks•Jan 08, 2021•Planetary, Shopify
Are you a Founder ?
FAQs about Planetary
Explore our recently published companies
- IndyKite - San Francisco based, 2021 founded, Seed company
- Enhance.ai - 2017 founded, Unfunded company
- ShreeAI - Indore based, 2026 founded, Unfunded company
- Stuv AI - Nagpur based, 2025 founded, Unfunded company
- RSR Content Creation - Chennai based, 2016 founded, Funding Raised company
- Radmat - Funding Raised company
