Charm Industrial

How much has Charm Industrial raised?

Charm Industrial has $249M reported by Forge; $100M Series B publicly reported, with the latest disclosed financing described as $125M Series C reported by Forge in August 2023. $716.9M post-money valuation reported by Forge

Total raised
$249M reported by Forge; $100M Series B publicly reported
Disclosed rounds
2 disclosed major rounds
Latest round
$125M Series C reported by Forge in August 2023
Latest valuation
$716.9M post-money valuation reported by Forge
First raised
$100M, Jun 2023
Notable backer
General Catalyst

Charm Industrial's funding rounds

Charm Industrial's disclosed funding has moved from technical validation toward R&D, pyrolyzer fleet buildout, biomass operations, and carbon removal deliveries.

  1. Jun 2023Series B - valuation not disclosed$100M led by General Catalyst.
  2. Aug 2023Series C - $716.9M post-money reported by Forge$125M reported by Forge led by undisclosed investors.

Sources:Carbon Herald Charm Series BForge Charm funding

How much has Charm Industrial raised in total?

$249M reported by Forge; $100M Series B publicly reported is the best disclosed total used in this profile. It includes $100M Series B, $125M reported by Forge Series C.

Because private-company databases can disagree, this profile prioritizes company announcements, investor posts, and named press releases over opaque estimates.

Who are Charm Industrial's investors?

Named backers include General Catalyst, Lowercarbon Capital, Thrive Capital, Kinnevik, Elad Gil, and other investors. These investors are relevant because they bring climate, industrial, software, infrastructure, or strategic-market experience to the company.

Why did the valuation move or remain undisclosed?

Valuation has not been publicly confirmed, so movement should be inferred only from round size, strategic investors, commercial traction, and technical milestones. Hardware and climate-infrastructure companies often disclose capital and offtake before they disclose price-per-share valuation.

Is Charm Industrial profitable, and will it IPO?

Charm Industrial has not disclosed profitability or IPO timing. The nearer-term milestone is commercialization, deployments, and repeatable unit economics rather than a public listing.

What does Charm Industrial's funding mean if you sell into them?

The funding supports R&D, pyrolyzer fleet buildout, biomass operations, and carbon removal deliveries. Sellers should map outreach to carbon removal procurement, sustainability, finance, climate strategy, legal, operations, and project delivery teams, with proof points around reliability, compliance, implementation speed, and measurable climate or operating impact.

As of June 2026.Sources:Carbon Herald Charm Series BForge Charm fundingContrary Charm report

Charm Industrial — frequently asked questions

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