Using organic material to create renewable energy and store carbon in creative ways.
Carbox’s innovative technology turns waste wood into carbon-rich biochar. Following its successful first commercial operation, Shopify is expanding its support by 12X with a new purchase that will help Carbofex scale its CO₂ removal capacity and explore atmospheric carbon storage methods, before expanding globally.
Carbon Cycle uses locally-sourced wood chips that would otherwise be waste to make biochar, which stores carbon out of the atmosphere for 100+ years. Shopify’s purchase is giving Carbon Cycle the confidence to reinvest in its business and scale up.
Charm turns plant waste into bio oil and safely stores it underground. Shopify has helped Charm permanently store the most atmospheric carbon in the world to date, and given its success, Shopify is expanding its support by 3x to give Charm more resources to accelerate its progress towards gigatonne scale.
ECHO2 transforms recycled wood that would otherwise be burned or put in a landfill into biochar, which stores carbon out of the atmosphere for 100+ years. Shopify’s purchase is helping ECHO2 attract financing for expansion.