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Charm Industrial is a San Francisco-based startup scaling bio-oil production for three markets: carbon sequestration, hydrogen fuel and steel production. Using a process known as “fast pyrolysis,” the company is converting cellulose (e.g. wood, saw dust, crop residue) into bio-oil, which can be used to bury carbon underground (negative emissions), to convert into hydrogen, and as a cleaner ingredient in the production of steel. Stripe announced this year that it became Charm Industrial’s first negative emissions customer. Co-founder Peter Reinhardt walks me through a company overview, and an in-depth explanation of bio-oil. He also talks about how a tech entrepreneur like him (or anyone else) that is motivated by climate change) can find a way to make a dent.
Enjoy the show!
Synopsis
Mission: To scale the applications of bio-oil in key markets for the purpose of lowering carbon emissions.
Team:Peter Reinhardt (Co-Founder), Kelly Hering (CTO & Co-Founder) et al. (6 total)
Product: Process for producing bio-oil at scale.
Traction: Secured Stripe as a customer for its negative emissions application.
Websites: Charm Industrial; LinkedIn; Twitter
Help Sought: Peter is interested in introductions to contacts in the steel industry and can be contacted at peter AT charmindustrial DOT com.