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CarbonFix - venture application

Please fill in each of the questions below, including a pitch deck at the end of the form.

We expect that filling in the entire form should take ~25 minutes to complete.

Project Name

Your Name

Email

Website

How did you find us?

The Innovation

Describe your solution in one tweet (max 140 characters)

Describe your core innovation and explain why it’s (technically) novel and needed in max 140 words.

In what carbon-escalation category would you place your solution?

Avoid

Convert (CCUS)

Remove (CDR)

Undo (Climate Engineering)

Who are your main competitors / industry peers?

In what sub-category would you place your solution?

How is your solution unique compared to your competitors and industry peers?

Who invented this technology? Are there papers available as reference?

What is your current TRL?

What will your TRL be in 2030?

When will you hit TRL9?

If your focus is to remove or capture CO2e, how & where will you store it?

Can you describe the MRV protocols applied

What are the key obstacles for thorough and watertight MRV?

CO2e REDUCTION (removal, capture, storage)

If you were to dream big and your innovation gets adopted on a large scale, what levels of annual Megaton (MT) CO2e reduction do you think is realistic in the year 2035 (~10 years)?

What is the annual Megaton (MT) CO2e reduction potential at maximum scale?

What is your ambition in annual Megaton (MT) CO2e reduction in 2040?

What is your ambition in annual Megaton (MT) CO2e reduction in 2050?

In what year do you aim to hit the 1 Mt per annum threshold?

What are the expected EUR/kg costs for the first 1Mt p.a.?

What are the expected EUR/kg costs at full scale deployment?

What are the expected energy consumptions / kg of the first pilot?

What are the expected energy consumptions / kg at full scale deployment?

Team

Please introduce us to your core team members describing their background and role in the organization.

Who are the (active) co-founders?

Do the co-founders have an entrepreneurial track record? Please describe

Do the co-founders have a scientific track record? Please describe

Do you consider the co-founding team to be complete or are you looking or co-founder(s) to be onboarded to this journey?

Who else is on the team, what are their roles and are they on your payroll?

Who will you hire first and second? Why?

Business Model

How will you plan to make money eventually and make this into an economically viable pathway?

What alternative business models do you keep in mind?

What is your ambition for 2030 revenue?

What is your ambition for 2040 revenue?

Funding to date

How much funds did you raise so far and from whom?

(founders, angels, government grants, philanthropic grants, accelerator, institutional investor)?

How much of that capital has beed raised in the last 24 months?

Have you raised institutional funding

(venture capital, private equity, corporate capital)?

What and when is your major upcoming development milestones/breakthroughs (technical, business, regulatory)?

What are the main obstacles for achieving these milestones/breakthroughs successfully in the coming 18 months?

How much (total) funding do you need for this 18 month runway in order to execute on the roadmap in time and on quality?

Can you give a high over breakdown of that budget, i.e. how will you allocate those funds?

If CarbonFix didn't exist, how would you finance the roadmap to this milestone?

How much have you raised so far for this round in hard commitments, i.e. signed contracts; grants, debt, SAFEs, CLAs

Funding Required

How much do you anticipate to raise after this round, e.g. to fund the next scaled demo or pilot (so for months 18-36)