Charm Industrial

Charm Industrial is a United States climate-technology company specializing in durable carbon dioxide removal and storage. Its approach begins with biomass that is difficult or undesirable to use in conventional markets, including agricultural residues such as corn stover and biomass associated with wildfire risk. The company uses pyrolysis to heat this material in a low-oxygen environment, producing a carbon-rich liquid commonly described as bio-oil. Rather than combusting the oil or treating it solely as an energy product, Charm transports it to injection sites and places it in suitable geological formations for long-term storage. The company’s business model is based on the premise that atmospheric carbon captured by plants can be removed from the atmosphere and durably isolated when the resulting biomass-derived carbon is converted into bio-oil and injected underground. This places Charm within the carbon dioxide removal sector, alongside other approaches that seek to compensate for residual emissions from sectors that are difficult to decarbonize. Its offering is principally a carbon-removal service: customers purchase removal and storage capacity, while Charm manages the biomass supply, conversion, transport, injection, and associated verification activities described by the company and its market partners. Charm was founded in 2020 and is headquartered in San Francisco. The company has attracted attention for combining biomass management with existing oil-and-gas infrastructure and expertise. It has been reported as hiring workers with oil and gas field experience, reflecting the operational overlap between underground injection, well management, and carbon storage. The company has also explored potential uses for bio-oil beyond direct geological storage, including possible applications in iron refining, although permanent underground storage remains its defining activity. In 2023, Charm received a US$54 million advance market commitment from Frontier Climate tied to the future removal and storage of 112,000 metric tons of carbon dioxide. The company also received US$100 million in Series B financing, according to the cited reference material. These transactions placed Charm among the better-capitalized private companies in the emerging carbon-removal market. In January 2025, Google entered into additional carbon-removal contracts with Charm; the available reference describes the purchase as the largest carbon-removal contract Google had made at that time and as the largest carbon-removal purchase of its kind reported for the company. Charm’s technology depends on the availability and logistics of suitable biomass, the performance and cost of pyrolysis systems, the integrity and monitoring of injection wells, and the accounting used to establish net atmospheric removal. Its growth therefore involves both industrial deployment and the development of buyer confidence in permanence and measurement. The company remains private and primarily operates in the United States. Publicly available reference material identifies its core process and major commercial commitments but does not provide a complete account of its leadership, current capacity, detailed ownership, or all operating locations.

Charm Industrial was established in 2020 as a company focused on removing carbon dioxide from the atmosphere through biomass conversion and permanent storage. Its process uses pyrolysis to transform plant material into bio-oil. The company has emphasized residues that may otherwise have limited economic value or could contribute to wildfire risk, including agricultural waste and other forms of biomass. Crop residues such as corn stover are identified as an important feedstock. After pyrolysis, Charm’s bio-oil is transported to injection wells and placed in geological formations intended to retain the carbon for a long period. The process links biological carbon uptake with industrial conversion and underground storage: plants absorb carbon dioxide during growth, the biomass is converted into a stable liquid carbon carrier, and the carbon is then isolated below ground rather than returned to the atmosphere through combustion or decomposition. The resulting service is sold as durable carbon removal to organizations seeking to address emissions that are difficult to eliminate directly. The company’s operating model has drawn on knowledge from the oil and gas sector. Underground injection requires expertise in wells, field operations, transport, subsurface behavior, and monitoring, and Charm has been noted for recruiting oil and gas field workers. This is a distinctive feature of its strategy because it repurposes capabilities associated with fossil-fuel production for carbon sequestration. Charm has also examined whether its bio-oil could serve other industrial purposes, including a possible role in iron refining, although geological storage remains the company’s principal publicly described application. Charm became more prominent as the market for advance purchases of carbon removal developed. In 2023, Frontier Climate announced a US$54 million advance market commitment connected with the removal and storage of 112,000 tons of carbon dioxide. The company also raised US$100 million in Series B financing, supporting its development as an industrial carbon-removal provider. In January 2025, Google made additional contracts with Charm, described in the available reference as the largest carbon-removal contract purchased by Google at that point and the largest carbon-removal purchase reported for the company. Charm’s history is therefore defined by the progression from a technology concept to contracted deployment and commercial scale-up. Its model depends on securing appropriate biomass, building or accessing pyrolysis capacity, moving bio-oil to injection sites, and demonstrating that storage is permanent and measurable. Public reference material does not establish a full chronology of facilities, production volumes, executives, ownership changes, or the company’s current geographic footprint beyond its United States base and operations. The company is described as active and privately held.

• 2025

  Google expands its purchasing relationship

  [1]Charm Industrialen.wikipedia.org

  In January, Google purchases additional carbon-removal contracts from Charm Industrial in a transaction described as the largest such purchase by Google at that time.

• 2023

  Frontier Climate commitment

  [1]Charm Industrialen.wikipedia.org

  Frontier Climate makes a US$54 million advance market commitment associated with the removal and storage of 112,000 tons of carbon dioxide.

• 2020

  Charm Industrial is founded

  [1]Charm Industrialen.wikipedia.org

  Charm Industrial is established as a carbon-removal company using biomass conversion and geological storage.

Climate-technology company focused on durable biomass carbon removal and geological storage.

• Carbon dioxide removal

  Bio-oil geological storage

  Charm converts crop residues and other suitable biomass into bio-oil through pyrolysis. The oil is then injected into geological formations for long-term carbon storage. This is the company’s central technical pathway and commercial offering, turning plant-derived carbon into a form intended for durable isolation from the atmosphere.

• Climate services

  Corporate carbon-removal contracts

  Charm sells carbon-removal and storage capacity to institutional and corporate buyers. These contracts support the processing, transport, injection, and storage of biomass-derived carbon. Publicly identified buyers include Frontier Climate, through an advance market commitment, and Google, through additional contracts announced in January 2025.

• Industrial materials

  Bio-oil industrial applications

  Charm has explored uses for its biomass-derived bio-oil beyond underground storage, including potential use in iron refining. The available reference material presents this as an area of exploration rather than a confirmed commercial product line.

• 2025

  Expand corporate carbon-removal contractingStrategy

  Background

  Corporate demand for durable carbon removal created a market for large advance purchases and storage contracts.

  Action taken

  Charm entered additional carbon-removal contracts with Google in January 2025.

  Aftermath

  The purchase was described in the reference material as Google’s largest carbon-removal contract at that time.

  Source

• 2023

  Scale contracted biomass carbon removalStrategy

  Background

  Charm pursued advance purchases and financing to expand its biomass-to-bio-oil carbon-removal model.

  Action taken

  The company accepted a US$54 million Frontier Climate commitment linked to 112,000 tons of carbon dioxide removal and storage and raised US$100 million in Series B funding.

  Aftermath

  The commitments increased Charm’s visibility in the emerging carbon-removal market and supported its transition toward larger-scale deployment.

  Advance market commitment. US$54 million commitment linked to 112,000 tons of carbon dioxide removal (2023)

  Source

1. 1Charm Industrialen.wikipedia.org
2. 2Charm Industrial official websitecharmindustrial.com