# Charm Industrial

fast pyrolysis converts biomass into a bio-oil that is pumped into geologic formations for permanent removal; the company secured a 61,500-tonne CDR purchase, $20 million in debt financing and a multi-year JPMorgan financing and offtake agreement to scale.

Source: https://en.bioecon.ru/companies/charm-industrial/
Updated: 2026-07-10

- Country: United States

## Verifiable facts

| Fact | Value | Source |
| --- | --- | --- |
| Funding | $145.5 million in total funding | https://charm-industrial.vercel.app/press/jp-morgan-chase-and-charm-industrial-build-on-longstanding-relationship, https://www.esgdive.com/news/jpmorgan-signs-carbon-offtake-financing-deal-charm-industrial/822156/ |
| Funding | $20 million venture debt facility from JPMorgan Chase (June 2026) | https://charm-industrial.vercel.app/press/jp-morgan-chase-and-charm-industrial-build-on-longstanding-relationship, https://www.esgdive.com/news/jpmorgan-signs-carbon-offtake-financing-deal-charm-industrial/822156/ |
| Production site | Fort Lupton, Colorado | https://charm-industrial.vercel.app/blog/the-charm-underground-2024-year-in-review, https://charm-industrial.vercel.app/press/jp-morgan-chase-and-charm-industrial-build-on-longstanding-relationship |
| Production site | Kansas and Louisiana (injection sites) | https://registry.isometric.com/project/prj_1HZSSWBQM1S08H83 |
| Regulatory approval | Injection wells are EPA-regulated | https://charmindustrial.com/, https://www.givinggreen.earth/research/charm-industrial |

Independent sources: esgdive.com, givinggreen.earth, registry.isometric.com

## Technologies

- [Biochar carbon removal](https://en.bioecon.ru/technology/biochar-carbon-removal/)