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DateInvestorsAmountRound
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N/A

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N/A

Spinout

$20.0k

Seed
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N/A

Debt
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N/A

Grant

N/A

Convertible
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N/A

Early VC
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$34.5m

Late VC
*

$34.5m

Debt
Total FundingAUD53.3m

Recent News about Neustark

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Neustark is a pioneering startup that operates in the environmental technology sector, specifically focusing on carbon capture and storage. The company's innovative approach involves capturing carbon dioxide (CO2) emissions from sources such as biogas plants and storing it in demolished concrete through a process called mineralization. This process effectively removes the CO2 from the atmosphere permanently, contributing to the reduction of greenhouse gases and combating climate change.

Neustark's business model is centered around partnering with businesses that are actively seeking to reduce their carbon footprint. These businesses, which are often at the forefront of climate action, purchase Neustark's Carbon Dioxide Removal (CDR) service. This service, combined with their own reduction efforts, enables them to achieve net-zero emissions - a state where the amount of greenhouse gases produced is no more than the amount removed from the atmosphere.

The company operates in a market that is becoming increasingly important due to growing environmental concerns and stricter regulations on carbon emissions. By providing a solution that not only helps businesses achieve their environmental goals but also contributes to the broader fight against climate change, Neustark has positioned itself as a key player in this market.

Neustark generates revenue by selling its CDR service to businesses. The close proximity of its source and storage partners allows for cost-effective transportation and storage of CO2, which in turn enables the company to offer competitive pricing for its services.

Keywords: Carbon Capture, Carbon Storage, Environmental Technology, Climate Action, Net-Zero Emissions, Carbon Dioxide Removal, Greenhouse Gas Reduction, Biogas Plants, Concrete Recycling, Mineralization.

Tech stack

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