Rewind
Deep-Sea Biomass Storage for Carbon Removal and Sustainability
Company Overview
Snapshot
Founded in February 2022 by Rami Amar, Eitan Brettler, and Noa Olenik, Rewind operates with 1–10 employees. The company has raised $5 million across two funding rounds from six investors.
Business overview
Rewind is developing a carbon dioxide removal (CDR) method focused on storing biomass in the deep, anoxic waters of the Black Sea. Their core technology includes a comprehensive measurement, reporting, and verification (MRV) system designed to ensure the additionality, permanence, and accurate measurement of carbon sequestration. This system facilitates the transformation of residual biomass into sequestered organic carbon by farmers, forest managers, and shipping companies, supported by carbon removal credits. Rewind operates within the Industrial Technologies sector, specifically addressing climate tech, carbon capture, and sustainable farming, serving markets in Europe.
Strategic signal
In November 2023, Rewind announced it had raised $5 million to advance its goal of deep-sea biomass storage for carbon removal. This funding validates the company's innovative approach to carbon sequestration and signals investor confidence in its potential to contribute significantly to environmental sustainability and the carbon removal market.
Log in to access full profile ›Company Intelligence Q&A
- What is Rewind's primary method for carbon removal?
- Rewind is developing a carbon dioxide removal method that involves storing biomass in the 2km deep, anoxic waters of the Black Sea.
- When was Rewind founded and by whom?
- Rewind was founded in February 2022 by Rami Amar, Eitan Brettler, and Noa Olenik.
- What is the purpose of Rewind's MRV system?
- Rewind's measurement, reporting, and verification (MRV) system is based on biogeochemical science and is designed to ensure additionality, permanence, and accurate measurement of carbon sequestration, with a focus on end-to-end sustainability.
- Which investors participated in Rewind's September 2023 funding round?
- In September 2023, Rewind received funding from investors including Mensch Capital Partners and Propeller.
- What is the total capital raised by Rewind?
- Rewind has raised a total of $5 million across two funding rounds.