Rewind’s flagship solution, Biomass Carbon Removal and Storage (BiCRS), was launched in 2022, coinciding with the company’s founding in Tel Aviv, Israel. This innovative approach leverages the Black Sea’s anoxic conditions to store carbon-rich biomass, preventing decomposition and ensuring long-term carbon sequestration. In November 2023, Rewind secured $5 million in seed funding to scale its operations and named its first customer, Supercritical, a carbon removal marketplace.