# Blue Planet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blue-planet

- Industry: Materials
- Headquarters: Los Gatos, US
- Website: www.blueplanet-ltd.com
- Total disclosed funding: $4.4M
- Latest round: Series C (Dec 21, 2020)
- Investors on record: 1

## About

Blue Planet, Ltd. specializes in innovative carbon capture solutions, transforming carbon dioxide into sustainable construction materials, offering a pathway for carbon-negative building practices in the construction industry.Founded in 2013 in Los Gatos, US, Blue Planet, Ltd. focuses on carbon capture technology. In December 2020, the company raised USD 4.4 mn through a Series C funding round led by Chevron Technology Ventures. Brent Constantz serves as the CEO.Blue Planet Systems' core product offering revolves around its patented mineralization technology, which captures and permanently sequesters carbon dioxide (CO2) by converting it into synthetic limestone aggregate. This aggregate serves as a crucial building material that helps mitigate the carbon emissions associated with concrete production, which contributes to approximately 8% of global CO2 emissions. By permanently mineralizing 440 kg of CO2 per tonne of aggregate, Blue Planet offers an eco-friendly alternative to traditional quarried aggregates, targeting markets mainly in North America and Europe. The company collaborates with construction firms, concrete manufacturers, and sustainable building projects, aiming to provide solutions for businesses pursuing carbon-negative construction initiatives.Blue Planet Systems generates revenue through the direct sale of its CO2-sequestered aggregate to clients in concrete production and construction sectors. Transactions are primarily conducted on a business-to-business (B2B) basis, with clients placing sizable orders according to their project needs. The pricing structure aligns with competitive rates for conventional aggregates, factoring in the added value of CO2 sequestration. Partnerships with construction firms may also involve long-term supply agreements, facilitating consistent revenue streams as they support large-scale projects.Moving forward, Blue Planet, Ltd. intends to leverage the USD 4.4 mn raised in Series C funding to enhance its product offerings and expand into new markets. The company is actively developing additional products designed to further optimize carbon capture processes, with anticipated launch dates in the near future. Plans include targeting expansion into additional regions across North America and Europe by the end of 2023, focusing on tapping into the growing demand for sustainable construction solutions.

## Funding rounds

- Series C, Dec 21, 2020, $4.4M — Chevron Technology Ventures

## Investors

- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series C