Carnot LTD

Carnot is a technology start up targeting gigatonne-scale CO2 reduction by developing high efficiency, net-zero, fuel-agnostic engines designed to decarbonise off-grid power generation, shipping and heavy-duty vehicles.

United Kingdom
No. Investors

Company Description

Combustion engines for heavy-duty transport & off-grid energy account for 13% of annual global emission, ~6.6bn tonne CO2e, with no production-ready technologies capable of transitioning them to Net Zero! Estimated market sizes: Global engine market: £540bn Target sectors: £68.3bn We’re using technical ceramics & innovative engine design plus hydrogen & other alternative fuels with the aim of delivering practical, scalable & sustainable power. Our prototype & engineering models predict a reduction of the lifetime total cost of vehicle ownership by around 35%, significantly reducing the barriers & accelerating the transition to Net Zero. With 2 successful Crowdcube rounds, most recently overfunded by 579%, yet again we exceeded our targets: - Validated our engineering methodology as seen at the European Technology Conference - Validated predictions for heat losses, efficiency gains - Engaged strategic tier 1 and ceramics suppliers - Received several Industry LOS’s including, Aggregate Industries, Costain & Network Rail Featured as keynote company: Top 10 start-ups at London tech week FT hydrogen summit IMechE’s top start-ups to watch Seeking to accelerate the clean energy tradition with SBC Australia, who partner with Mitsubishi and NYK line Our next steps are to develop our technology further & continue to build our IP portfolio; this sets the groundwork for development contracts with OEMs.

Key Deal Facts

Patent Pending (UK & International PCT), £2m in funding raised to date & pilot projects in pipeline, University of Oxford spinout, developing Gigatonne Reduction Technology, Selected for the 2022 cohort with Startupbootcamp, who partner with Mitsubishi & NYK Line
Amount Raised : $0
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