Fundraising Fox

Seabound

YC W22

London, 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.

AFAlisha Fredriksson
Alisha Fredrikssonin𝕏FounderAlisha Fredriksson previously led climate program development and partnership strategy at Generation, a non-profit founded by McKinsey & Co., and helped establish Liquid Wind, a maritime electro-fuel startup. She has also contributed to founding efforts at Green New Deal London, Minerva University, and Seema, a jewelry social enterprise.
RWRoujia Wen
Roujia Wenin𝕏Co-Founder & Advisor

Investors · 6

Funding

SEC filings, press & company announcements

$4.6M disclosed across 2 of 4 rounds · 2022–2025

$143.9KraisedDec 2023 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
$4.4MraisedAug 2022 · 25 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗

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

Company profile

researched Aug 2026

Seabound 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 reported
Claimed reduction in CO2 transport cost via solid carbonate pebblesJan 2026~12x
Claimed reduction in cost of carbon capture for ship exhaustJan 202610x cheaper
CO2 capture efficiency, Lomar Shipping / Hapag-Lloyd container ship pilotJan 2026~80%
CO2 capture efficiency, Port of Long Beach demonstrationJan 2026~95%
Configurable CO2 capture rate rangeJan 202625-95%
Employee rangeJan 202611-20
HeadcountAug 202625
Letters of intent from shipownersJan 20266 letters of intent
Maximum CO2 capture efficiencyJan 202695%
Seed funding raisedJan 2022$4.4M
Team sizeJan 202618 employees
Total funding raisedJan 2026$6.8M
UK government grants won (Clean Maritime Demonstration Competition)Jan 2026£2.2M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 1

by search overlap

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

Timeline · 9

launches, deals, and filings
Feb 2026
€1.5 million European Space Agency award

Seabound announced a €1.5 million European Space Agency award at an event in Doncaster.

source ↗

Feb 2026
Completion of first full-scale maritime carbon capture units

Seabound marked the completion of its first full-scale maritime carbon capture units at an event in Doncaster, UK.

source ↗

Aug 2025
Won £1.1 million UK government grant for carbon and emissions capture at Port of Southampton

UK government grant of £1.1 million to deploy carbon and emissions capture technology at the Port of Southampton.

source ↗

Jul 2025
Carbon capture partnership with a cement plant

Press coverage reported a partnership under which a cement transport ship produces cement ingredients while sailing by capturing its CO₂ emissions.

source ↗

Jun 2025
Alisha Fredriksson wins Nor-Shipping 2025 Young Entrepreneur Award

source ↗

Apr 2025
Integrated emissions and carbon capture demonstration with STAX Engineering

STAX Engineering and Seabound demonstrated a first-of-its-kind integrated emissions and carbon capture solution.

source ↗

Jan 2025
Port-based CO2 capture demonstration at Port of Long Beach

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.

source ↗

Mar 2023
Founder named in Forbes 30 Under 30 Europe Social Impact list coverage

Forbes coverage of the year's 30 Under 30 Europe social impact entrepreneurs featured Seabound.

source ↗

Jan 2022
Participated in Y Combinator Winter 2022 batch

Seabound was part of Y Combinator's Winter 2022 batch, with Gustaf Alstromer as primary partner.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
SeaboundDelaware · No. 07149228 · inc. Feb 2010 · dissolved

Companies 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

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.