Founded in 2015, Carbic deploys sensor technology to the oil patch to reduce operating costs and GHG emissions.

By: Chelsea Goddard & Stuart Farris

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A nodding donkey rig pumps crude oil up from the ground on an oil field

Overview

  • Their sensors allow oil and gas producers to catch wasteful leaks that account for hundreds of millions in lost revenue annually and reduce overall operational costs.
  • Their sensors provide real-time flow volume, pressure, and temperature information that oil and gas companies can use to optimize their operations, reducing production costs, and emitting less GHG in the process.

Intro


C16 Biosciences is a three-year old startup working to create a sustainable, environmentally friendly alternative to conflict palm oil.

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Forests cleared for oil palm plantations in Central Kalimantan, Indonesia.

Overview

  • C16 Biosciences is a three-year old startup that has developed proprietary technology to brew a sustainable alternative to palm oil from microbes.
  • The company aims to replace all palm oil in the supply chain that is linked to deforestation — a volume that stands at about 3 million metric tons per year and could scale to roughly 11% of the total addressable market over the next five years.
  • With a recent $20 million Series A led by Breakthrough Energy Ventures, announced March 2, 2020, the team is currently focused on hiring (R&D, process development, product development) and scaling production. …

About

Chelsea Goddard

Founder of Apex Haus. Writing about early-stage startups solving hard problems.

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