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Charm Industrial Secures $20.0M Funding

Recently funded · $20.0M UnknownManufacturingUSView source

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The race to pull carbon from the atmosphere just got a $20.0M boost, with Charm Industrial announcing new investment from JPMorgan Chase. The startup is deploying a fleet of mobile fast pyrolyzers to convert agricultural and forest biomass residues into bio-oil and biochar, aiming for permanent carbon removal.

Charm Industrial, which began after a 2020 breakthrough in bio-oil sequestration, has already removed over 7,200 tons of Carbon Dioxide Equivalent for customers like Stripe, Shopify, and Microsoft. The company also emphasizes transparency, leading the industry with a public ledger and a robust verification model for its carbon removal efforts.

From the source

Ulrika · Jun 5, 2026

Where is global capital flowing in June 2026? This month, a series of landmark corporate investments and financings highlight how institutional capital, global banks, and brand conglomerates are heavy-funding the modernization of manufacturing baselines and ecosystems.

Here are the 6 major pillars re-shaping our industrial future this June:1️⃣ Permanent Carbon Removal (CDR)JPMorgan Chase finalized a massive 61,500-ton carbon removal agreement alongside a $20 million financing deal with Charm Industrial, securing high-quality, verified permanent sequestration.2️⃣ Nature-Based Solutions (NbS)Societe Generale committed $115 million to the Ardian Nature-Based Soluti

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