# Applied Carbon funding: rounds and investors

> Applied Carbon has raised $1.1M across 1 round since 2024. Investors include US Department of Energy, Elemental Impact and S2G Investments.

Source: https://millionrounds.com/company/applied-carbon (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Applied Carbon*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Funding summary Updated 26 Oct 2026

**$1.1M** raised across 1 round since 2024, from 1 source

- **Latest round:** Grant, $1.1M Aug 2024
- **Investors:** 5

See who backed them

## The rounds

- **Aug 2024** Grant **$1.1M** [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) [Elemental Impact](https://millionrounds.com/fund/elemental-impact) [S2G Investments](https://millionrounds.com/fund/s2g-investments) [Third Sphere](https://millionrounds.com/fund/third-sphere) [Congruent Ventures](https://millionrounds.com/fund/congruent-ventures) Source recorded

## Founders and team

From Applied Carbon's own website: 1 founder, 1 on the team.

**Jason Aramburu** CEO + Co-Founder

- **Allyson Alli** Director of Operations

## Everyone who backed them

[US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Government **1** round

[Elemental Impact](https://millionrounds.com/fund/elemental-impact) VC firm **1** round

[S2G Investments](https://millionrounds.com/fund/s2g-investments) Growth equity **1** round

[Third Sphere](https://millionrounds.com/fund/third-sphere) VC firm **1** round

[Congruent Ventures](https://millionrounds.com/fund/congruent-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=applied-carbon).

## Also claim to have backed them

These 3 firms list Applied Carbon as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Wireframe Ventures](https://millionrounds.com/fund/wireframe-ventures) VC firm Per its own site

[Susquehanna Sustainable Investments (SSI)](https://millionrounds.com/fund/susquehanna-sustainable-investments) Family office Per its own site

[TO VC](https://millionrounds.com/fund/to-vc) VC firm Per its own site

## Quick answers about Applied Carbon

### Who invested in Applied Carbon?

Applied Carbon's investors include US Department of Energy, Elemental Impact, S2G Investments, Third Sphere and Congruent Ventures.

### How much has Applied Carbon raised?

Applied Carbon has raised $1.1M across 1 round since 2024.

### When did Applied Carbon last raise?

Applied Carbon's most recent round was a Grant of $1.1M in Aug 2024.

### What was Applied Carbon's biggest round?

Its most recent round, $1.1M in Aug 2024, is also its largest on record.

### Who backed Applied Carbon first?

Applied Carbon's first round on record, in Aug 2024, was backed by US Department of Energy, Elemental Impact and S2G Investments and 2 others.

### What stage is Applied Carbon at?

Applied Carbon's latest named round is a Grant, in Aug 2024.

### Where is Applied Carbon based?

Applied Carbon is based in the United States.

## Companies like Applied Carbon

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app