Fundraising Fox

Parallel Carbon

Jersey City, US · Founded 2022 · Delaware corporation · 4 known investors

parallelcarbon.com

Parallel Carbon develops hardware technology to produce low-cost hydrogen, renewable fuels, and chemicals such as fertilizers and methanol as alternatives to fossil fuels. The company targets fuel and chemical producers, aiming to reduce costs and remove site constraints.

CleantechClimate TechEnergy

Founders & leadership

Parallel Carbon was founded in 2022 by Aranzazu Carmona Orbezo and Ryan Anderson.

AC
Aranzazu Carmona OrbezoCo-founder
RARyan Anderson
Ryan AndersonCo-founder

Board

ASAndrew Shebbeare
Andrew ShebbeareinBoard directorPartner at Counteract One

Investors · 4

Reported raises · per SEC filings

Form D private placements

$3.6M disclosed across 1 round · 2023

$3.6MraisedDec 2023 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew ShebbeareDirector
  • Aranzazu Carmona OrbezoExecutive Officer, Director, Promoter
  • Ryan AndersonExecutive Officer, Director, Promoter
Offering amount
$3.7M
Amount sold
$3.6M
First sale
Dec 2023
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Parallel Carbon do?
Parallel Carbon develops hardware technology to produce low-cost hydrogen, renewable fuels, and chemicals such as fertilizers and methanol as alternatives to fossil fuels. The company targets fuel and chemical producers, aiming to reduce costs and remove site constraints.
Who founded Parallel Carbon?
Parallel Carbon was founded by Aranzazu Carmona Orbezo, Ryan Anderson in 2022.
Who are Parallel Carbon's investors?
Parallel Carbon's investors include Axon Partners Group, Counteract One, Deep Science Ventures, Aramco Ventures.
How much funding has Parallel Carbon raised?
Parallel Carbon has disclosed $3.6M raised across 1 round.
Where is Parallel Carbon headquartered?
Parallel Carbon is headquartered in Jersey City, US.