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CarbonKerma

CarbonKerma uses blockchain to power a trusted global marketplace for CCUS carbon credits. Our technology ensures permanent carbon removal, prevents double-counting, and provides transparent records, boosting confidence in the voluntary carbon market with reliable, scalable, and permanent offset solutions.
2022
51-100
Mumbai, Maharashtra, India

https://carbonkerma.com/

Carbon CaptureEnergyInformation TechnologySustainability
Innovation
Investment Funding
People
Products
Awards and Recognitions
M&A and Collabs
News

Innovation

Industry Problem

CarbonKerma is tackling the problem of fraudulent and non-permanent carbon credits in the voluntary carbon market, which undermines trust and effectiveness in carbon offsetting efforts.

R&D Focus

CarbonKerma offers a global marketplace for carbon credits derived from Carbon Capture, Utilization, and Storage (CCUS), combining this proven, scalable method with blockchain technology to ensure permanent, transparent, and secure carbon offsetting. By rigorously verifying and tokenizing CO2 credits on a decentralized platform, CarbonKerma guarantees quality, prevents double-counting, and restores trust in carbon markets. Their mission supports global decarbonization, energy justice, and sustainable industrial growth, especially for hard-to-abate sectors and developing countries relying on fossil fuels, helping meet Paris Climate Accord goals while ensuring energy access.

Innovative Solution

CarbonKerma solves the problem of unreliable and opaque carbon credit markets by using blockchain technology to create a decentralized platform that verifies, tokenizes, and tracks carbon credits derived from Carbon Capture, Utilization, and Storage (CCUS). This approach ensures permanent carbon removal, prevents double-counting, and provides transparent, tamper-proof records. By combining CCUS, which is a proven and scalable method for capturing CO2, with blockchain’s security and transparency, CarbonKerma restores trust in carbon offsetting, making it easier for businesses and governments to confidently invest in genuine, long-term carbon reduction.

Solution Effectiveness

CarbonKerma’s solution leverages blockchain to ensure transparency and permanence in carbon credits, addressing a major issue where up to 30% of carbon credits in traditional markets have been reported as fraudulent or double-counted. By using verified Carbon Capture, Utilization, and Storage (CCUS) methods, which currently have the potential to capture millions of tons of CO2 annually worldwide, CarbonKerma helps create carbon credits with 100% traceability and no risk of reversal. This can significantly improve market confidence and could boost the global voluntary carbon market, which is expected to grow from $2 billion in 2021 to over $50 billion by 2030, by providing reliable, scalable, and permanent carbon offset solutions.

Investment Funding

Last Funding Stage

Seed

Total Funding Amount

$3.0M

Last Funding Amount

$3.0M

Last Funding Date

April, 2022

Startup Stage

Seed

People

Founders

  • Irfan Ali

Board Members

  • Milton Catelin

Products

Product

– Carbon Kernel Token (CKT) – A digital carbon token representing one ton of verifiable sequestered CO₂. It ensures transparency and traceability of carbon offset efforts by businesses. – Unique Carbon Tags (UCTs) – Patent-pending tags attached to CKTs that include metadata such as the location, date, well ID, and meter data of the CO₂ storage. These enhance auditability and trust. – DigiKerma Vault – A digital registry where CKTs are stored. It ensures security, immutability, and easy access to carbon offset data for all stakeholders. – Customer Reviews – NA

Star Product

CKT is DigiKerma’s flagship offering because it transforms carbon sequestration data into a tradable, transparent digital asset. By representing one verified ton of stored CO₂, it allows businesses to confidently offset emissions. Its integration with Unique Carbon Tags (UCTs) enhances auditability and trust, making it a standout in the carbon offset market for its credibility and innovation.

Demo Product or Complete Product?

DigiKerma’s first product launch was the Carbon Kernel Token (CKT), introduced alongside the CarbonKerma marketplace in June 2023. This platform facilitates the trading of carbon credits generated through Carbon Capture, Utilization, and Storage (CCUS), utilizing blockchain technology to ensure transparency and traceability. The inaugural transaction on CarbonKerma was conducted by CEO Irfan K. Ali, who offset the emissions from his flight between Washington, D.C., and San Diego.

Awards and Recognitions

Awards

–

Media Apperance

– Benzinga – Energy Central – Captain Daily – Carbon Herald – Yahoo Finance

M&A and Collabs

Collab

Lake Michigan Hills collaborated with DigiKerma to offset its emissions using CCUS-derived carbon credits available on the CarbonKerma marketplace.

Collab

CarbonKerma collaborates with companies in the energy, transport, and manufacturing sectors to help them offset their emissions, aligning with findings from the International Energy Agency (IEA) and the Intergovernmental Panel on Climate Change (IPCC) that emphasize the critical role of CCUS in achieving climate goals.