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Remora raises $117 million and partners with Union Pacific Railroad

Apr 29, 2025about 1 year ago

Contract Type

partnership

ScotlandBiotechnology

Description

Remora, a carbon capture and tracking company, raised $117 million and partnered with Union Pacific Railroad and Norfolk Southern to expand carbon dioxide capture technology to trains, aiming to tackle 375 million tons of CO₂ emitted annually by trucks and trains combined.

Company Information

Company

Remora

Location

Scotland, United Kingdom

About

Remora is a company that has developed sustainable biofilm prevention technology inspired by the natural behaviour of red seaweed. The patented technology provides a sustainable and non-toxic alternative to conventional antibacterial agents.

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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