Charm Industrial

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Charm Industrial is a carbon dioxide removal company that uses hydrolosis of crop residues to create biooil that can be pumped into geological storage for long-term carbon biomass carbon removal and storage. [1] Charm is one of the companies that received an advanced market commitment from Frontier Climate. [2]

In 2023, they received a US$54 million advanced market commitment from Frontier to sequester 112,000 tons of carbon dioxide. [1] It also received 100 million dollars in Series B funding. [2] In January 2025, it also received adding contracts from Google, the largest carbon removal contract ever purchased. [3] [4]

The company primarily use crop waste such as corn stover as it's source for pyrolysis. [2] Once the biooil is produced, the oil is injected into wells that have geological storage. Charm is exploring use of the biooil for other purposes, such as iron refining. [5]

The company is notable for hiring oil and gas field workers for carbon sequestration. [6]

References

  1. 1 2 Boudreau, Catherine. "Charm Industrial is getting $53 million to turn agricultural waste into oil that can lock away carbon dioxide for 1 million years". Business Insider. Retrieved 2025-09-06.
  2. 1 2 3 "Inside Charm Industrial's multimillion-dollar bid to remove CO2 with…". Canary Media. 2023-06-19. Retrieved 2025-09-06.
  3. Geman, Ben (2025-01-16). "Google partners with Charm Industrial to cut 100,000 tons of carbon". Axios. Retrieved 2025-09-06.
  4. Segal, Mark (2025-01-16). "Google Signs Largest-Ever Biochar Carbon Removal Purchase Deals". ESG Today. Retrieved 2025-09-06.
  5. "Bio-Oil and American-Made Steel: How Charm Will Decarbonize Ironmaking". Charm Industrial. Retrieved 2025-09-06.
  6. "Meet the Women Helping Advance Climate Technology | JPMorganChase". www.jpmorganchase.com. Retrieved 2025-09-06.