# Origen Power

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/origen-power

- Industry: Environmental Services
- Headquarters: Bristol, UK
- Website: www.origencarbon.com
- Total disclosed funding: $13M
- Latest round: Series A (Jan 16, 2025)
- Investors on record: 5

## About

Founded in 2013 and based in Bristol, UK, Origen Power Limited operates as a carbon removal and industrial technology company that removes CO2 from the atmosphere. In January 2025, Origen Power Limited raised USD 13 million in Series A funding led by Barclays Bank, Elemental Impact, Exascale Fund, HATCH, and Shell Ventures. As of 2024, the company is led by its CEO, Ben Riddle-Turner.

Origen Carbon specializes in providing limestone-based direct air capture (DAC) technology that allows users to reduce atmospheric CO2 levels permanently. The core product utilizes a proprietary method involving limestone to absorb carbon dioxide directly from the air, which addresses critical environmental challenges associated with climate change by facilitating carbon removal, allowing industries to offset their carbon footprints. The technology is designed for deployment in various geographical markets, including North America and Europe.

Origen Carbon's revenue is derived from institutional partnerships and project-based contracts focused on carbon removal services.

The company plans to utilize the funding raised in January 2025 to develop its environmental service further.

## Funding rounds

- Series A, Jan 16, 2025, $13M — Barclays Bank, Shell Ventures, Elemental Impact, HATCH, Exascale Fund

## Investors

- Barclays Bank — Series A
- Shell Ventures (https://capitalatlas.ai/funds/shell-ventures) — Series A
- Elemental Impact (https://capitalatlas.ai/funds/elemental-impact) — Series A
- HATCH — Series A
- Exascale Fund — Series A