Americas 2025
How to Use This Booklet
This booklet provides a brief introduction to each of the ventures participating in the Unreasonable Impact programme. For a comprehensive understanding of their work, please scan the QR code on each page to access their full profile.
The QR code will direct you to Unreasonable Eco, where you can access detailed information about each venture’s mission, impact focus, notable achievements, operating territories, and more. You can also connect directly with the entrepreneurs through Eco. The “Notes” section on each page is available for you to jot down your thoughts and questions as you learn more about these ventures throughout the programme.
Our team at Unreasonable shares a belief with Barclays that solving the world’s toughest challenges is not only a moral imperative — it’s also an unprecedented financial opportunity. We further acknowledge that the greatness of what we ultimately achieve will be determined by the quality of the relationships we build. Towards this end, we are delighted that you are joining us for our 2025 Unreasonable Impact Americas gathering.
Launched in 2016, we co-created Unreasonable Impact with Barclays. Since its inception, our global partnership has focused on three regions: the UK & Europe, the Americas, and Asia Pacific. Today, we’ve had more than 370 ventures in our community, who have collectively raised $16.7 billion in financing, have mitigated over 140 million metric tons of CO2 equivalent from our atmosphere, and employ more than 33,000 people.
We are proud to now connect you with the entrepreneurs who have been selected for this year’s Americas program. These innovators are working to pull a more just and regenerative future into the present. The entrepreneurs you’ll be meeting have, as a cohort, already raised more than $800M in financing and are operating in more than 14 countries. Together we have the privilege of supporting their efforts now and into the future.
On behalf of Barclays and Unreasonable, I simply want to express my most sincere thanks for being a part of their journey.
With gratitude,
Daniel Epstein Founder & CEO, Unreasonable
Blue Frontier
Sector
Cooling
Founded in 2017
Financing to date
$47.3M
Employees
21-50
HQ
Florida, US
Daniel Betts Founder & CEO
Blue Frontier is commercializing an air-conditioning system that combines liquid-desiccant cooling with built-in thermal storage to slash electricity use by 50–90%, flatten more than 90% of peak demand, and eliminate high-GWP refrigerants. After delivering ten pilot units—including a Waffle House retrofit that cut HVAC energy 63%—the company has raised $47.3 million and employs 47 people, positioning itself for 200-unit annual production in 2026.
Key Achievements
• First prototype tested at NREL and UC Davis.
• Raised $47.3M Series A led by Breakthrough Energy Ventures.
• Nine field-trial products operational with customers.
Cambium
Sector Manufacturing and Supply Chain
Founded in 2019
Financing to date
$31M Employees 21-50
HQ Maryland, US
Ben Christensen Co-Founder and CEO
Cambium is building the AI-driven data layer for the $1T global wood market through a vertically integrated platform that digitizes and decarbonizes supply chains. Its platform enables enterprise buyers such as Amazon, Microsoft and CBRE to source directly from data-driven sawmills, bypassing traditional wholesalers. Beginning with salvaged and recycled wood, Cambium reduces landfill waste and emissions while enabling circularity and traceability at scale. The company has since expanded to serve a broader segment of the industry, and with national growth underway, is establishing the digital backbone for sustainable, low-carbon wood sourcing.
Key Achievements
• Sold 8M+ board feet to customers including Amazon, Microsoft, CBRE, and Gensler.
• Scaled software nationally to 500+ tree-care firms, truckers, and sawmills.
• Raised $31M+ from Volo Earth, NEA, Revolution, Joe Tsai, SOMA, and others.
Carbice
carbice.com
Sector
Metals & Nanotechnology
Founded in 2011
Financing to date
$35M
Employees 21-50
HQ Georgia, US
Baratunde Cola Founder & CEO
Carbice has developed a new kind of “super joint.” This component connects and cools critical systems and remains durable and effective under pressure and stress, unlike traditional joints that degrade or fail. Its patented aligned carbon nanotube platform transforms waste carbon and recycled aluminium into fully recyclable, highly conductive, and scalable solutions for data centers, power systems, and a wide range of electronic and industrial applications. Already in production and generating revenue, Carbice is setting a new industry standard with a world-class team from AMD, Intel, IBM, STATSChipPAC, Lumentum, and Georgia Tech.
Key Achievements
• Rapid revenue ramp on CPUs since August 2025 CyberPower PC launch leading to strong market momentum announcing first Carbice Ice Pad availability.
• Historic Partnership with Dow leading to product award and 30 customers for Carbice in Dow pipeline.
• Partnership with $55B/year system integrator and largest US data center hardware builder, Jabil.
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Carbon Upcycling
carbonupcycling.com
Sector Building and Construction Technology (cement)
Founded in 2014
Financing to date
$70M
Employees 21-50
HQ Alberta, Canada
Apoorv Sinha Co-Founder & CEO
Carbon Upcycling is a carbon and resource utilization company strengthening cement supply chains for future infrastructure. Its technology transforms CO₂ emissions and industrial waste materials into local, low-carbon supplementary cement products. Backed by Builders Vision, BDC, Climate Investment, Oxy, Clean Energy Ventures, and cement leaders CRH, Cemex, and TITAN, the company is scaling facilities to deploy commercial products across North America and beyond.
Key Achievements
• Operating a demonstration facility since 2021 with material commercially deployed across application.
• Commercial-scale facility set to be operational in 2026 at Canada’s largest cement plant .
• $70M in equity and grants raised; backed by three of the world’s largest cement manufacturers.
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CarbonCapture
carboncapture.com
Adrian Corless Founder & CEO
Founded in 2019
HQ California, US
CarbonCapture Inc. develops modular direct air capture (DAC) systems that permanently remove CO₂ from the atmosphere using advanced solid sorbents. Founded in 2019 and backed by $90M in funding, the company is deploying its first commercial pilot later this year. With $8M in projected 2025 revenue and strong strategic partnerships, CarbonCapture aims to scale global carbon removal through tech-enabled hardware sales and verified carbon credits.
Key Achievements
• Raised $90M USD through Series A with key investors including Amazon, Siemens, and Saudi Aramco.
• Deploying 2,000 tCO₂/year DAC pilot this year, scaling to 25–30K tCO₂/year by 2029.
• Pre-sold millions in carbon removal credits to blue-chip buyers.
CleanJoule
cleanjoule.com
Sector Energy Technology
Founded in 2009
Financing to date
$100M Employees 51-100
HQ Utah, US
MK Karanjikar Founder & CEO
CleanJoule is a U.S. based advanced fuels company producing sustainable aviation fuel (SAF) capable of meeting full performance standards across commercial, military, and space applications. Unlike competitors, CleanJoule overcomes key SAF density limits, enabling full replacement of Jet A without blending. With offtake agreements from major airlines and multi-year contracts with the U.S. DOD, the company is scaling toward commercial production to decarbonize global aviation and defense sectors.
Key Achievements
• Secured $50M Series A financing
• Signed 90M gallons of offtake agreements with major airlines.
• Delivered multi-metric-ton product to the U.S. DoD for testing.
edengeopower.com
Sector
Mining & Drilling Technology
Founded in 2017
Financing to date
$27M
Employees
6-20
HQ Massachusetts, US
Paris Smalls Founder & CEO
Eden advances sustainable resource recovery with its proprietary Electrical Reservoir Stimulation (ERS) technology—a cleaner, more precise alternative to hydraulic fracturing. By using electricity instead of water and chemicals, Eden enhances subsurface permeability to unlock critical minerals, geothermal energy, and hydrogen from the earth. With successful pilots, growing commercial traction, and $27M raised to date, Eden is scaling toward major industry adoption across mining, legacy energy, and geothermal sectors.
Key Achievements
• Raised $20M from investors including Grantham Foundation and Good Growth Capital.
• Secured over $1M in customer contracts.
• CEO recognized by Forbes 30 Under 30.
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Fillogic
fillogic.com
Bill Thayer Founder & CEO
Fillogic is building the physical and digital infrastructure for local, circular logistics by transforming underutilized retail spaces—primarily in malls—into tech-enabled logistics hubs. Its modular platform connects these nodes to power forward fulfillment, efficient returns, and full circularity, helping retailers reduce cost and complexity. With approximately $15M in projected 2025 revenue and EBITDA positive since July 2025, six active hubs across the East Coast, and over 10M units projected to move through its network this year, Fillogic is redefining the middle mile. The company’s long-term vision is to decarbonize retail logistics and enable circular commerce at scale, making sustainability profitable for the sector.
Key Achievements
• Raised $24M through Series A financing.
HQ New York, US
• Built a sustainable logistics ecosystem for future supply chains.
• Enabled profitable apparel recycling with partners.
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GoodSAM Foods
goodsamfoods.com
Sector
Food Technology and Processing
Founded in 2019
Financing to date
$10M
Employees 6-20
HQ Connecticut, US
Heather Terry Founder & CEO
GoodSAM Foods is a regenerative food company connecting over 10,000 smallholder farmers directly to consumers through a portfolio of nuts, coffee, chocolate, and fruit snacks. Operating across eight countries in Latin America, Africa, and the United States, GoodSAM eliminates brokers to ensure fair farmer pricing and transparency. The company is rapidly expanding its branded presence in Whole Foods and other natural retailers, projecting $9M revenue in 2025 following $5.8M in 2024.
Key Achievements
• Successful Series A financing 2024-2025.
• Impacting 10,000 small holder and indigenous farmers in 8 countries.
• 11 new SKU’s launched in WFM in 2025 for a total count of 20 products in 3 categories.
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Green Graphite Technologies
greengraphitetech.com
Sector Electric Vehicles
Founded in 2021
Financing to date
$12M Employees 6-20
HQ Quebec, Canada
Gillian Holcroft President & Co-Founder
Green Graphite Technologies (GGT) is commercializing its cost-effective and sustainable graphite processing platform to supply highperformance battery-grade graphite for electric vehicles (EVs). The company transforms mined and recycled graphite into high-purity spherical graphite, leveraging a proprietary purification process with 50% lower operating costs and dramatically lower environmental impact. Currently operating pilot-scale systems, GGT aims to scale to 50 kg/hour capacity by 2027 and have its first commercial facility operational in North America by 2029, becoming a key supplier in North America’s electrification value chain.
Key Achievements
• Raised $12M , including $9M in non-dilutive funding.
• Formed global collaborations with graphite recyclers and miners.
• Core team are all industry leaders with 200+ years experience in technology commercialization.
Kanin Energy
kaninenergy.com
Sector Energy Technology
Founded in 2020
Financing to date
$7.8M
Employees 6-20
HQ Texas, US
Janice Tran Co-Founder & CEO
Kanin Energy is an industrial decarbonization developer that converts waste heat from industrial facilities into 24/7 carbon-free electricity. Through a turnkey, no-capex model, Kanin develops, finances, and operates waste-heat-to-power projects across North America. With several projects in late stage development and the first one coming online Q1 2026, the company is building an end-to-end platform for clean industrial energy solutions.
Key Achievements
• Tallgrass WCH Waste Heat-to-Power project expected COD in Jan 2026.
• Raised $7.8M in equity financing to date.
• Building a $1.5B pipeline of waste-heat-topower projects.
Kelvin
kel.vin
Sector Sustainable Construction
Founded in 2011
Financing to date
$20M Employees 21-50
HQ New York, US
Marshall Cox Founder & CEO
Kelvin decarbonizes legacy multifamily buildings by modernizing radiator heating systems into efficient, adaptive electrification systems through AI orchestration. The company’s mission addresses 120 million underserved radiator-heated apartments, representing 70 billion square feet and $217 billion in annual energy spend. Because Kelvin’s services directly impact heating costs, owners have a clear incentive to adopt Kelvin’s solutions. Starting with the patented Cozy smart radiator cover, Kelvin delivers 25% - 40% cost savings with no upfront CapEx via a $100M debt facility.
Key Achievements
• Installed 10,000 units in 2025.
• Operating fully on commercial cashflows since Mar 2025.
• 80% of customers are low- to moderate-income communities.
Liberation Bioindustries
Sector
Biotechnology
Founded in 2022
Financing to date
$102M
Employees 6-20
HQ New York, US
Mark Warner Co-Founder & CEO
Liberation Bioindustries is building a global network of purpose-built precision-fermentation facilities to produce bio-based consumer products efficiently and at scale. Its Bio³™ Platform enhances production for sectors including food, pharmaceuticals, and specialty chemicals. With over $100M in deployable capital, the company aims to transform supply chains and speed commercialization of new products.
Key Achievements
• Designed a fit-for-purpose manufacturing platform unlocking the potential in industrial biotech.
• Raised over $100M in deployable capital, including from a Foreign Wealth Fund.
• Pre-sold majority of first three years of capacity >6 months pre-construction.
Moment Energy
Sector
Energy Storage
Founded in 2019
Financing to date
$52M
Employees 51-100
HQ
British Columbia, Canada
Edward Chiang Co-Founder & CEO
Moment Energy turns EV batteries into highperformance, affordable stationary storage. Operating at the intersection of climate tech and circular economy, it partners with automakers and utilities to ease supply constraints and support grid stability creating Battery Energy Storage Systems 30%-50% cheaper while being 2-4X higher performance than leading Chinese batteries. With $52M raised to date, recently becoming the worlds first and only company with product level UL certification for second life, and $10M in contracted revenue expected in 2025, Moment is scaling Gigafactory production and pursuing its vision of becoming the world’s leading energy storage provider.
Key Achievements
• Raised $15M led by Amazon and Voyager Ventures.
• Deployed 11 projects across EV charging, grid, and defense.
• First/only firm with facility- and product-level certification for second-life.
Planetary Technologies
planetarytech.com
Sector
Carbon Management
Founded in 2019
Financing to date
$20M Employees 21-50
HQ
British Columbia, Canada
Michael Kelland CEO
Major CDR (carbon dioxide removal) buyers expect that only 50% of the $9.9B they’ve committed will be delivered. Planetary is one of the few companies actively delivering high-quality removals on a certified registry. Planetary restores seawater chemistry through coastal ocean alkalinity enhancement, reinforcing the ocean’s natural carbon sink with safe, durable, independently verified storage. The company has operated a demonstration facility in Halifax for two years, and its recent XPRIZE win and $31M Frontier offtake position it to scale from 25,000 to 100,000 tonnes per year.
Key Achievements
• XPRIZE Winner.
• First seawater restoration credits on an accredited registry.
• 10× carbon-removal scale-up each year for the past three years.
Sector Waste Treatment Technology
Founded in 2018
Financing to date
$45M
Employees 201-500
HQ Washington, US
Ryan Metzger Co-Founder & CEO
Ridwell is a subscription-based recycling and reuse platform that enables households to responsibly dispose of hard-to-recycle and reusable items. The service complements municipal recycling by covering categories such as plastic film, textiles, batteries, and more. With a new nationwide offering, Ridwell is growing quickly and has diverted over 34 million pounds of waste to date. The company aims to reach profitability in 2026 with over $40M In annualized revenue.
Key Achievements
• Over 34 million lbs. diverte d from landfills.
• Over 130,000 active customers
• 99% monthly retention rate since inception.
Splight
splight.com
Sector
Renewable Energy
Founded in 2021
Financing to date
$26M
Employees
51-100
HQ
California, US
Fernando Llaver Co-Founder & CEO
Splight is transforming how renewable energy and large loads connect to the grid. By turning these fast-responding assets (FRA) into sources of reliability, Splight’s technology integrates directly into existing grid components to double the current usable capacity of transmission infrastructure. Operating in the U.S., Spain, and Chile with 6 GW already on its system, Splight is rapidly scaling to solve grid congestion and accelerate clean energy deployment.
Key Achievements
• Technology commercially operating over 6 GW.
• Adopted by leading companies worldwide.
• Only commercially available technology able to delivery 2X more reliable transmission
Summit Nanotech
Sector
Mining and Drilling Technology
Founded in 2018
Financing to date $90M Employees 51-100
HQ Alberta, Canada
Amanda Hall Founder & CEO
Summit Nanotech’s direct lithium extraction (DLE) technology is setting the pace for lithium extraction from brine, consistently outperforming alternatives in reliability, efficiency, and economics. Its modular system and high-performance sorbent, engineered in North America, produce high-purity lithium from brines in Chile, Argentina, and the United States, with industry-leading water efficiency. With $90M raised and a highly successful in-field demonstration completed with a major mining partner, Summit is poised to scale their modular, AI-enhanced lithium production to meet growing battery demand in a tightening global market.
Key Achievements
• Consecutive field pilots in 2021 and 2022 with major mining companies in Chile.
• Successful field demonstration in 2025 with major mining company in Chile, 3rd party validated.
• Basic engineering design for 25ktpa commercial plant complete.
UpSolv
upsolv.ca/en
Sector
Waste Treatment Technology
Founded in 2011
Financing to date
$30M
Employees 21-50
HQ Quebec, Canada
Nathalie Morin President & CEO
Upsolv is a Montreal-based cleantech company transforming hard-to-recycle plastics into highpurity, virgin-grade polymers using a patented dissolution process. With over 70 global patents and a validated demo plant, its low-temperature, low-pressure technology enables circular recycling of polystyrene and ABS. Backed by strategic partners and impact investors, UpSolv is advancing toward its first commercial facility and aims to become a platform for all thermoplastics.
Key Achievements
• Raised $11.5M from European investors.
• Have a first technology ready for commercial scale construction/operation.
• Second technology now at pilot scale
