Fundraising Fox

Charm Industrial

Founded 2018 · 106 employees on LinkedIn · 15 known investors

Charm Industrial converts agricultural residues into bio-oil and injects it underground to remove carbon from the atmosphere at scale. The company serves organizations like Stripe, Shopify, and Microsoft seeking carbon removal solutions.

AgTechCleantechClimate Tech

Founders & leadership

Charm Industrial was founded in 2018 by Shaun Meehan.

SM
Shaun MeehanChief Scientist and co-founder

Investors · 15

Azolla VenturesCambridge
Breyer CapitalAustin · $500K – $10M
Congruent VenturesSan Francisco · $100K – $5M
KinnevikStockholm
LIONHEART VENTURESSan Francisco
Prime Impact FundCambridge · $1M – $4M
Systemiq CapitalLondon
XYZ Venture CapitalSan Francisco · $10K – $5M
Exor Venturesreported
General Catalystreported · 2 sourcesSan Francisco · $30M
LOWERCARBONreportedJackson · $1M – $50M
Lowercarbon CapitalreportedNew York · $100K – $5M
Social Impact CapitalreportedNew York · $100K – $1.5M
SYSTEMIQreportedJakarta
Thrive Capitalreported · 2 sourcesNew York · $500K – $25M

Funding

SEC filings, press & company announcements

$100M disclosed across 1 of 2 rounds · 2023–2026

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

3 people who came through Charm Industrial went on to found or lead other companies.

Matthew NordanInvestorFounded Prime CoalitionJames TamplinBoard MemberFounded FirebaseBen HallProcess Simulation & Modelling (Consultant)Founded Invaria

Competitors · 2

by search overlap
Antora4 shared keywordsLowercarbon Capital is a venture capital firm that invests in climate technology companies working to reduce CO2 emissions, remove carbon from the atmosphere, and cool the planet. Its portfolio spans energy, transportation, industrial materials, and agriculture.
Isometric4 shared keywordsIsometric operates Certify, an AI-agent certification platform and public registry for carbon removal and reduction credits, verifying project evidence across areas such as industrial materials, capture and storage, clean power, and low-carbon fuels. It serves project developers and auditors, publishing each certificate with a full chain of custody from issuance through retirement.

Companies competing with Charm Industrial for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Charm Industrial Secures $20.0M Funding | Signalbasetrysignalbase.com · Jun 2026Charm Industrial: Carbon Removal Company Closes $100 Million In Fundingpulse2.com · Jun 2023Charm Industrial Raises $100M In Series B To Ramp Up Bio-Oil Sequestrationcarbonherald.com · Jun 2023Charm Industrial Raises $100M In Series B To Ramp Up Bio-Oil Sequestration - Azolla Venturesazollaventures.com · Jun 2023Charm Industrial Raises $100M in Series B Financingfinsmes.com · Jun 2023

Frequently asked questions

What does Charm Industrial do?
Charm Industrial converts agricultural residues into bio-oil and injects it underground to remove carbon from the atmosphere at scale. The company serves organizations like Stripe, Shopify, and Microsoft seeking carbon removal solutions.
Who founded Charm Industrial?
Charm Industrial was founded by Shaun Meehan in 2018.
Who are Charm Industrial's investors?
Charm Industrial's investors include Azolla Ventures, Breyer Capital, Congruent Ventures, Kinnevik, LIONHEART VENTURES, Prime Impact Fund, Systemiq Capital, XYZ Venture Capital and 7 more.
How much funding has Charm Industrial raised?
Charm Industrial has disclosed $100M raised across 1 of its 2 known rounds.