Terraform Industries builds the Terraformer, a modular system roughly the size of two shipping containers that combines an electrolyzer, a direct air capture unit, and a chemical reactor to produce synthetic natural gas. Because the system extracts CO2 from ambient air, the company describes its product as carbon neutral when burned. Terraform prioritizes using the lowest-cost equipment and optimizing around capital and operating cost rather than efficiency. The company plans to deliver a full-scale deployment in the field this year. Down the road, Terraform aims to expand its product mix into sustainable aviation fuel and methanol. CEO and co-founder Casey Handmer has framed the business as moving from seed-stage fundraising into commercial deployments.

Total raised

$44M

Funding rounds

2

Latest round

Seed

Latest activity

Apr 2026