Founded in 2019 and headquartered in Nova Scotia, Planetary Technologies developed a patented Accelerated Carbon Transition platform that purifies alkaline mining rock and adds alkalinity to the ocean to speed natural CO2 sequestration. The process permanently stores carbon in ocean chemistry for up to tens of thousands of years while locally countering ocean acidification and aiding marine ecosystems. As a by-product the technique generates green hydrogen and extracts metals from mine waste, creating additional value streams. Planetary plans to build and commission pilot plants in Quebec and Nova Scotia beginning later this year, integrated with local ocean research partners for ongoing monitoring and optimization. The company has commercial activity underway, selling 3,000 carbon credits (retirements 2025–2027) and has previously pre-sold credits to Shopify. Planetary positions its technology as scalable to gigaton-scale removal and aims to demonstrate safety and environmental benefits through its pilots.

Total raised

$6M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2022