Parallel Carbon
$3.6Mlatest round · Seed · Dec 2023 · 2 yr ago
3backers · Deep Science Ventures, Aramco Ventures
2team · US Form 5500 (plan participants) · Dec 2025 · +100% in a year
2022founded
Overview
Affordable direct air capture technology based on wind, sunshine, and abundant minerals. Carbon removal and reduction, in Parallel.
Key facts
These are the key facts about Parallel Carbon on Alion as of Nov 13, 2026. Parallel Carbon is headquartered in Jersey City, United States. It was founded in 2022. The latest round is Seed of $3.6M, announced in 2023.
- Headquarters
- Jersey City, United StatesAlion company profile, updated Oct 25, 2026
- Founded
- 2022Alion company profile, updated Oct 25, 2026
- Employees
- 10+Alion company profile, an estimated range
- Total raised
- $3.6MSum of 1 equity round Alion knows
- Latest round
- Seed · $3.6M · Dec 4, 2023SEC Form D filing · sec.gov
Official records
Funding and backers
Total raised
$3.6M
1 round on record
Latest round
$3.6M
Seed · Dec 2023 · 2 yr ago
Team
2
US Form 5500 (plan participants) · Dec 2025 · +100% in a year
Backers
3
Deep Science Ventures, Aramco Ventures
The money's age
Long since its last round
35 months since the last round · not hiring
Momentum
15/100
in the news
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Jan 28
Partnership Parallel Carbon and Repsol Foundation Partner to Advance Scalable e-Fuel Feedstocks · parallelcarbon.com
Dec 4, 2023
Raised a round Seed $3.6M · SEC Form D
2022
Founded
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Seed | Dec 2023 | $3.6M | — | SEC Form D |
Registers and programsofficial lists and records that name the company
| Legal entity | Parallel Carbon Inc. | SEC Form D |
Founders and leadersfrom filings, registers and the company's site
Aranzazu OrbezoExecutive Officer, DirectorSEC Form D
Ryan AndersonExecutive Officer, DirectorSEC Form D
Backed byfrom the funds' portfolios and accelerator catalogs
Deep Science Ventures 
Aramco Ventures 
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Financials
Total raised
$3.6M
Latest round
Seed
Funding rounds
1
Funding rounds
| Round | Announced | Amount | |
|---|---|---|---|
| Seed | 2023 | $3.6M | Details |
People
Aranzazu Orbezo
Executive Officer, Director
Ryan Anderson
Executive Officer, Director
Andrew Shebbeare
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data
Connections
List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors
Click a company to open it. Dashed lines are likely connections. The second step of the network is part of the Pro plan.
Owner
Same company
Same group
Likely
Shared investors
News
10 Start-Ups to Watch 2026: Parallel Carbon plans to make synthetic fuels cheaper than fossil fuels
Read more
Report
Parallel Carbon is deploying Project Tsavorite in Kenya as part of Tencent's CarbonX Programme
Parallel Carbon is proud to announce that we've been selected by Tencent's CarbonX 2.0 Programme to deploy a field demonstration of our technology. Building on the results of our Malachite pilot in Manchester, our system will be scaled up by an order of m
Read more
Report
Parallel Carbon to Supply 1,200 Tons of CDR to Zurich Insurance Group Using Carbon-Negative Hydrogen Technology
Parallel Carbon has signed a pre-purchase agreement to supply 1,200 metric tons of high-integrity carbon removal (CDR) credits to Zurich Insurance Group (Zurich). The CDR credits will be issued as Carbon Removal Certificates (CORCs) under the Puro Standar
Read more
Report
Parallel Carbon and Repsol Foundation Partner to Advance Scalable e-Fuel Feedstocks
Parallel Carbon is collaborating with the Repsol Foundation to advance their shared mission to unlock scalable, affordable e-Fuel production. The collaboration provides funding and structured support to test Parallel Carbon's integrated DAC+H 2 pilot syst
Read more
Report
Parallel Carbon: Unlocking Cost-Effective Carbon Removal and Hydrogen Co-Production
At the recent Global DAC Conference in New York City (March 2025), our Founder and CEO, Ryan Anderson, took the stage for the Lightning Round session. Instead of diving straight into the well-worn discussions about carbon removal, he took an unexpected tu
Read more
Report
Parallel Carbon Year-in-Review: Redefining Climate Solutions in 2024
Parallel Carbon's 2024 was a year of bold strides, transformative achievements, and forward-thinking initiatives. From groundbreaking...
Read more
Report
Parallel Carbon Named Top Innovator in UpLink's Carbon Capture and Utilization Challenge
Parallel Carbon has been recognised as a Top Innovator in the prestigious Carbon Capture and Utilization Challenge, hosted by UpLink in...
Read more
Report
Excerpts of our CEO interview with Hydrogen Insight
Following our seed round raise announcement, our CEO and founder, Ryan Anderson, sat down with Polly Martin of Hydrogen Insight to discuss a range of salient issues ranging from carbon-negative hydrogen, the economics of electrolyser technology, and the i
Read more
Report
Parallel Carbon Secures $3.6 Million Seed Funding to Advance Hydrogen and Direct Air Capture Hardware Platform
Parallel Carbon announced today they closed a $3.6 million Seed funding round amidst COP28. The financing, led by Aramco Ventures, backs Parallel Carbon's groundbreaking process of utilizing renewable energy for clean hydrogen production while pulling car
Read more
Report
Parallel Carbon Year-in-Review: Celebrating 2023
The year 2023 was a dynamic year for the climate change industry worldwide. We witnessed renewed commitment towards collaborative...
Read more
Report
Offices
Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Jersey City
United States
HQ
10-50 est. staff
How to cite this page
Alion, "Parallel Carbon: key facts", as of Nov 13, 2026. https://alion.io/company/parallelcarbon
These figures are published under a free licence. You may reuse them, including commercially, as long as you credit Alion and link back to this page. CC BY-SA 4.0