# Eion

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/eion

- Industry: Environmental Services
- Headquarters: Princeton, US
- Website: https://eioncarbon.com
- Total disclosed funding: $16M
- Latest round: Series A (Sep 24, 2024)
- Investors on record: 12

## About

Eion Corp., based in the US, provides innovative carbon management solutions focused on enhancing environmental sustainability through advanced carbon capture and storage technologies and offsetting services.Eion Corp. specializes in carbon management solutions, founded in Princeton, US, in 2020 by Elliot Chang. The company has raised USD 3.00 mn in Series A funding as of September 2024, with a total amount raised of USD 3.00 mn. The firm has engaged in 2 deals to date. CEO Anastasia Hans leads the company.Eion Carbon specializes in innovative solutions addressing environmental sustainability challenges through carbon management and reduction technologies. Their core offerings include advanced carbon capture and storage systems designed for industrial applications and carbon offsetting services that reduce greenhouse gas emissions. Eion Carbon targets diverse clientele, including governmental agencies, large corporations, and environmentally conscious organizations across North America, Europe, and Asia, contributing to cleaner production processes and sustainable development goals.Eion Carbon generates revenue through B2B partnerships and direct sales of its carbon management solutions, engaging clients through structured contracts. Revenue streams derive from sales of proprietary technologies and subscription-based services for monitoring and reporting carbon emissions, aligning with clients' sustainability objectives.In September 2024, Eion Corp. raised USD 3 mn in Series A funding, with participation from Growmark, Inc. and Exelon Foundation, among others. The company plans to enhance investments in research and development, capitalize on increasing commercial momentum, and fulfill obligations related to new contracts. Eion Corp. aims to expand its market presence in new geographic regions, strategically targeting sectors and markets focused on sustainability within North America, Europe, and Asia.

## Funding rounds

- Series A, Sep 24, 2024, $3M — AgFunder, Trailhead Capital, Ridgeline, Overture, Mercator Management (Usa) Lp, Exelon Foundation, Growmark, Inc.
- Series A, Dec 8, 2022, $13M — Sibelco, AgFunder, Orion Corporation, Trailhead Capital, Ridgeline, MFS Capital Partners, Carbon Removal Partners, Overture, Mercator Management (USA)

## Investors

- Sibelco — Series A
- AgFunder (https://capitalatlas.ai/funds/agfunder) — Series A
- Orion Corporation — Series A
- Trailhead Capital (https://capitalatlas.ai/funds/trailhead-capital) — Series A
- Ridgeline (https://capitalatlas.ai/funds/ridgeline) — Series A
- MFS Capital Partners (https://capitalatlas.ai/funds/mfs-capital-partners) — Series A
- Carbon Removal Partners (https://capitalatlas.ai/funds/carbon-removal-partners) — Series A
- Overture (https://capitalatlas.ai/funds/overture) — Series A
- Mercator Management (USA) — Series A
- Mercator Management (Usa) Lp — Series A
- Exelon Foundation — Series A
- Growmark, Inc. — Series A