Equatic
Equatic (legally Equatic Inc.) is a Los Angeles-based carbon removal company spun out of UCLA's Institute for Carbon Management. The company has developed a patented seawater electrolysis process that dramatically amplifies the ocean's natural capacity to absorb and permanently store atmospheric carbon dioxide. By electrolyzing seawater, Equatic converts CO₂ into stable dissolved bicarbonate ions and solid mineral carbonates - both representing genuinely durable, gigaton-scalable storage pathways. Crucially, the same electrolytic process simultaneously produces green hydrogen as a co-product, creating a dual revenue stream (carbon removal credits + hydrogen fuel sales) that helps underwrite the economics of the technology in a way few other carbon removal approaches can match.
The company commenced pilot operations in 2023 with two facilities - one in Los Angeles, CA and one in Singapore - and has since advanced to a demonstration plant (Equatic-1) in Singapore and a commercial-scale 100-kilotonne CDR facility under development in Canada, announced as North America's first commercial-scale ocean-based carbon removal plant. A breakthrough announced in September 2024 - the US manufacture of proprietary oxygen-selective anodes in San Diego, CA - unlocks scalable hydrogen production through direct seawater electrolysis, a key manufacturing milestone for the US energy supply chain. Equatic's MRV methodology is ISO 14064-2 certified and validated by carbon registries Isometric and Puro.earth, enabling it to sell high-integrity carbon removal credits to major buyers like Boeing.
For the US energy supply chain, Equatic sits at a critical intersection: it is one of the few companies producing verified green hydrogen as a byproduct of carbon removal at scale, while simultaneously advancing domestic anode manufacturing in California. The company's technology is science-backed (founded by UCLA researchers), DOE-recognized (CDR Purchase Prize semifinalist, 2024), and has attracted global institutional capital. As the US pursues hard-to-abate decarbonization and green hydrogen infrastructure, Equatic's integrated ocean CDR-plus-hydrogen model represents a compelling processed-materials pathway - turning seawater into both permanent CO₂ storage and clean fuel - that could become a meaningful plank of America's net-zero strategy.
Funding
Series A in August 2025 for $11.6M, led by Catalytic Capital for Climate and Health (C3H, a Temasek Trust vehicle) and Kibo Invest; 4 total funding rounds including prior seed, grant funding, and early philanthropic backing from Temasek Foundation. Total funding undisclosed but includes the $11.6M Series A plus prior rounds. Also notable: $21M Chan Zuckerberg Initiative pledge to UCLA's Institute for Carbon Management (parent lab) in Feb 2022.
Investors
- Catalytic Capital for Climate and Health (C3H) / Temasek Trust (Series A lead)
- Kibo Invest (Series A co-lead)
- Temasek Foundation (early philanthropic backer)
- Boeing (CDR credit buyer / strategic partner)
- Neglected Climate Opportunities
Key People
- Gaurav N. Sant, Founder & Chief Technology Officer (Pritzker Professor of Sustainability, UCLA)
- Erika La Plante, Head of MRV & Environmental Impact Assessment, Co-Founder
- Xin Chen, Senior Scientist & Co-Founder
- David Jassby, Head of Electrode Materials and Systems, Co-Founder
- Thomas Traynor, Head of Engineering
- Edward Muller, Chairman of Advisory Board (former CEO of GenOn, Mirant, Edison Mission Energy)
- Lord John Browne, Chairman of Advisory Board (former CEO of BP, Founder of BeyondNetZero)
News
- Equatic Secures $11.6MM Series A Funding To Advance Permanent Carbon Removal And Green Hydrogen Production
- Collaboration to Develop Seawater-Based Carbon Removal Project in Sarawak
- Equatic to Build North America's First Commercial-Scale Ocean-Based Carbon Removal Facility
- Equatic Unveils Production of Oxygen-Selective Anodes in San Diego, California
- Boeing-Backed Startup is Building a Plant to Zap Seawater and Grab CO2