Seabound
YC W22London, GB · Founded 2021 · Delaware corporation · 18 employees · Hiring · 6 known investors
Seabound develops an onboard carbon capture system for maritime vessels that locks CO₂ emissions into solid carbonate pebbles for offloading and storage, enabling shipowners to reduce greenhouse gas emissions from their fleets.
Also known as Seabound Carbon · SeaCycle · Seabound Ltd
Founders & leadership· Y Combinator alumni (W22)
Seabound was founded in 2021 by Alisha Fredriksson and Roujia Wen.
Investors · 6
Funding
SEC filings, press & company announcements$4.6M disclosed across 2 of 4 rounds · 2022–2025
- Undisclosed amountGrant RoundAug 2025Source ↗
▶$143.9KraisedDec 2023 · 1 investors · Other TechnologyRule 506(b)
- Alisha FredrikssonExecutive Officer, Director
- Roujia WenDirector
- Offering amount
- $143.9K
- Amount sold
- $143.9K
- First sale
- Nov 2023
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$4.4MraisedAug 2022 · 25 investors · OtherRule 506(b)
- Alisha FredrikssonExecutive Officer, Director
- Roujia WenExecutive Officer, Director
- Offering amount
- $4.4M
- Amount sold
- $4.4M
- First sale
- Mar 2022
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Seabound is a London-based climate technology company that designs and installs onboard carbon capture equipment for cargo ships. The system is mounted adjacent to a vessel's funnel and routes flue gas through a reactor where CO₂ binds with a sorbent to form solid limestone/carbonate pebbles, capturing a target rate of between 25% and 95% of the CO₂ in the exhaust. The equipment is described as retrofittable to existing vessels, compact, fully automated and remotely monitored. The company states its system also captures sulphur alongside CO₂ from engine exhaust.
When a ship docks, the carbonate pebbles are collected and offloaded at key ports and post-processed on shore, yielding regenerated pebbles for reuse and pure CO₂ that can be sequestered or sold for utilisation, including electro-fuel production and cement feedstock. Seabound positions this as an option available today for shipowners facing International Maritime Organization rules requiring emissions cuts of 40% by 2030, on the argument that hydrogen and ammonia fuels remain 10–20 years from maturity and that efficiency measures and slow steaming are insufficient.
The company was founded in 2021, took part in Y Combinator's Winter 2022 batch, and had a team size of 18 as of the Y Combinator listing. Employee ranges reported elsewhere span 6–20 and 11–20.
Founding story
Seabound was founded in late 2021 by Alisha Fredriksson (Co-Founder and CEO) and Roujia Wen (Co-Founder; listed as CTO by Lowercarbon Capital and as Co-Founder & Advisor on the company site). Before Seabound, Fredriksson helped build the maritime electro-fuel startup Liquid Wind, launched a climate program and managed global partnerships at the non-profit Generation, was part of the founding class at Minerva University, and started a social enterprise called Seema as well as the climate activist group Green New Deal London. Wen previously built machine learning products for Amazon Alexa and holds a master's degree in theoretical physics from the University of Cambridge.
Business model
Seabound designs, installs and operates carbon capture equipment aboard customers' ships, emphasising low capital expenditure for shipowners. Alongside equipment sales it handles collection and offloading of the captured carbonate at ports, recycling of the sorbent, and downstream disposition of the CO₂ — either sequestration or sale for utilisation such as fuel production or cement inputs. Website enquiry categories indicate distinct commercial lines for carbon capture equipment customers, CO₂ feedstock customers and carbon credit customers.
Revenue lines indicated by the company's own materials include sale or installation of carbon capture equipment, sale of captured CO₂ as feedstock (for example for electro-fuels or cement production), and carbon credits. Lowercarbon Capital states that the pure CO₂ streams produced from post-processing can be sold to help cover installation costs. Public grant funding, including UK government Clean Maritime Demonstration Competition awards and a European Space Agency award, has also supported the business.
Traction
Reported milestones include a first prototype capturing CO₂ at 95% efficiency, six letters of intent from major shipowners, an onboard pilot with Lomar Shipping and Hapag-Lloyd achieving about 80% capture efficiency on a container ship in the Middle East, a port-based demonstration at the Port of Long Beach with STAX Engineering and Wallenius Wilhelmsen at about 95% efficiency, £2.2 million in UK government grants via the Clean Maritime Demonstration Competition, a £1.1 million UK government grant for the Port of Southampton project, a €1.5 million European Space Agency award, and completion of its first full-scale maritime carbon capture units in February 2026. Cumulative funding of $6.8 million is reported by Climatebase.
Latest developments
In February 2026 Seabound held an event in Doncaster marking completion of its first full-scale maritime carbon capture units and a €1.5 million European Space Agency award. In August 2025 it won a £1.1 million UK government grant to deploy carbon and emissions capture at the Port of Southampton. During mid-2025 it announced a carbon capture partnership involving a cement plant, with a cement transport ship producing cement ingredients while sailing. A June 2026 trade report describes the company, built for the shipping industry, as also looking at AI data centres. The company was recruiting a Head of Business Development in London.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Seabound operates in the emerging onboard/maritime carbon capture segment, backed by climate-focused investors including Lowercarbon Capital and Y Combinator, and describes itself as an award-winning startup decarbonizing shipping. It claims first-of-its-kind milestones including a world-first onboard capture pilot on a container ship and the world's first port-based CO₂ capture demonstration, and reports operating in two regions.
Seabound's investor materials attribute its advantage to a combination of low-cost sorbent materials and a novel reactor design that minimises onboard footprint and avoids costly on-site processing, which it claims reduces the cost of carbon capture for ships by about 10x. Carrying captured carbon as solid carbonate pebbles rather than liquefied CO₂ is claimed to cut CO₂ transport costs by roughly 12x and to remove the need for specialised offloading equipment on ships or dedicated port infrastructure. The company also frames its system as available and demonstrated today, in contrast to alternative fuels it describes as a decade or more away.
Technology
The core technology is a modular, retrofittable reactor system installed adjacent to a ship's funnel. Exhaust flue gas is passed through the reactor where CO₂ (and sulphur) is bound by a low-cost sorbent to form solid carbonate/limestone pebbles, with capture rates configurable between 25% and 95%. Operation is automated and remotely monitored. Pebbles are offloaded in port and post-processed onshore to regenerate sorbent and release pure CO₂. The technology is described as patent-pending.
Go-to-market
Direct enterprise sales to shipowners and operators via a sales contact channel and business development hires in London, supported by pilots and demonstrations with named shipping and port partners, government-funded demonstration projects, participation in accelerator and venture networks (Y Combinator, Unreasonable Group), and industry press and awards visibility.
Owners and operators of existing large cargo, tanker and bulk vessels facing IMO and other emissions regulations, plus buyers of CO₂ feedstock (including fuel and cement producers) and carbon credit purchasers. Named counterparties include Lomar Shipping, Hapag-Lloyd, Wallenius Wilhelmsen and STAX Engineering.
Geography
Headquartered in London, United Kingdom, with hybrid roles based there and manufacturing/completion activity referenced in Doncaster, UK. Projects and demonstrations span the UK (Port of Southampton), the United States (Port of Long Beach) and the Middle East; Unreasonable Group lists the company as operating in two regions.
History
Founded in late 2021, Seabound joined Y Combinator's Winter 2022 batch and built an early prototype capturing CO₂ at 95% efficiency while securing six letters of intent from major shipowners. It later ran what it describes as a world-first onboard pilot with Lomar Shipping and Hapag-Lloyd, capturing CO₂ at roughly 80% efficiency aboard a container ship in the Middle East. In April 2025 it demonstrated an integrated emissions and carbon capture solution with STAX Engineering, and it completed a port-based CO₂ capture demonstration at the Port of Long Beach with STAX Engineering and Wallenius Wilhelmsen at approximately 95% capture efficiency. In August 2025 it won a £1.1 million UK government grant for carbon and emissions capture at the Port of Southampton, and in February 2026 it marked completion of its first full-scale maritime carbon capture units alongside a €1.5 million European Space Agency award at an event in Doncaster.
Risks & controversies
Seabound's own framing acknowledges that shipowners' compliance options are constrained and that its model depends on new IMO and other emissions regulations, on port-side logistics for offloading and post-processing carbonate, and on demand for captured CO₂ for sequestration or utilisation. Publicly reported figures for the company's total funding are inconsistent across secondary sources.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 1
by search overlapCompanies competing with Seabound for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 9
launches, deals, and filingsSeabound announced a €1.5 million European Space Agency award at an event in Doncaster.
Seabound marked the completion of its first full-scale maritime carbon capture units at an event in Doncaster, UK.
UK government grant of £1.1 million to deploy carbon and emissions capture technology at the Port of Southampton.
Press coverage reported a partnership under which a cement transport ship produces cement ingredients while sailing by capturing its CO₂ emissions.
STAX Engineering and Seabound demonstrated a first-of-its-kind integrated emissions and carbon capture solution.
Seabound completed what it describes as the world's first port-based CO₂ capture demonstration at the Port of Long Beach with STAX Engineering and Wallenius Wilhelmsen, achieving approximately 95% capture efficiency.
Forbes coverage of the year's 30 Under 30 Europe social impact entrepreneurs featured Seabound.
Seabound was part of Y Combinator's Winter 2022 batch, with Gustaf Alstromer as primary partner.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureCompanies House · registry record
View on Companies House ↗- Registered name
- SEABOUND LIMITED
- Company number
- 07149228
- Status
- Dissolved
- Company type
- Private limited company
- Incorporated
- 8 Feb 2010
- Dissolved
- 21 Jan 2020
- Registered office
- 7 - 9, The Avenue, Eastbourne, East Sussex, BN21 3YA
- Nature of business (SIC)
- 74990 — Non-trading company
- Accounts
- last made up to 28 Feb 2018
Current officers
- Frederick Howard Bird — director, appointed 8 Feb 2010
- Paul Threadgold Smith — director, appointed 8 Feb 2010
Source: Companies House public register · retrieved 24 Jul 2026. Contains public sector information licensed under the Open Government Licence v3.0.
In the news
▸Research sources · 8
primary sources listed
- Seaboundseabound.co · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Seabound do?
- Seabound builds retrofittable onboard carbon capture equipment that traps ship exhaust CO₂ as solid carbonate pebbles.
- Who founded Seabound?
- Seabound was founded by Alisha Fredriksson, Roujia Wen in 2021.
- Who are Seabound's investors?
- Seabound's investors include Collaborative Fund, HAWKTAIL, LOWERCARBON, Lowercarbon Capital, Unruly Capital, Y Combinator.
- How much funding has Seabound raised?
- Seabound has disclosed $4.6M raised across 2 of its 4 known rounds.
- Where is Seabound headquartered?
- Seabound is headquartered in London, GB.

