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8 Rivers
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Developer and financier of energy technology

Founded in 2008
Founded in

Company type Private Public ()
Company type

Industry Group materials & chemicals

Sector carbon capture usage & storage (ccus)

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Durham, NC Durham, United States
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Parent Companies 8 Rivers

Updated by Miiles Palmer at 8 Rivers Capital on 06/10/2014

Edited by Cleantech Group on 01/18/2024

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Date Company
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Date Partner Type
06/29/2022
Origen Power Origen Power
The project will pilot Origen’s ZerCaLTM zero-carbon lime manufacturing process and 8 Rivers’ Calcite Carbon Removal technology (“Calcite”) to demonstrate an innovative method of direct air capture – a technology that the IPCC has declared essential if the world is to achieve its net zero climate goals. The project has been selected for $1.5 million in carbon removal purchases from Stripe.
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Confirmed by Origen Power
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Date Investors Type Amount
09/17/2024 Nippon Oil Corp. Nippon Oil Corp. (1)
Post-money valuation of
Funding from JX Nippon will be used to facilitate the transition of the Calcite technology from pilot phase to commercial project development in 2025. Financial terms undisclosed.
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NET Power

A new supercritical CO2 turbine cycle cogenerates electricity and CO2. The result is higher efficiency, lower cost, and much higher profitability.

Pilot/Early Revenue Products - Wholesale
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