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Global Thermostat
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Short description

Developer of an atmospheric carbon recovery system

Founded in 2010
Founded in

Company type Acquired Public ()
Company type

Industry Group materials & chemicals

Sector carbon capture usage & storage (ccus)

TRL Range 7-8
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
TRL Range

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Headquarters New York, NY New York, United States
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Updated by Hattie Partner at on 05/21/2025

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Date Company
04/29/2021

HIF Global HIF Global

Global Thermostat signed an agreement with HIF to supply its direct air capture equipment to HIF’s synthetic fuels (synthetic gasoline) pilot plant in Magallanes, Chile. The unit could remove up to a maximum of 250 kg of carbon dioxide per hour from the atmosphere.

Confirmed by HIF Global

Partnerships
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Date Partner Type
06/27/2019
ExxonMobil ExxonMobil
JDA to evaluate the potential scalability of Global Thermostat’s carbon capture technology for large industrial use
View source    
Confirmed by ExxonMobil
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Investment Rounds
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IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

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Exchange listed

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Prospectus

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Source

Description

Date Investors Type Amount
05/28/2024 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
Funding awarded by the US DOE's Carbon Dioxide Removal Purchase Pilot Prize together with Fervo Energy.
Grant $50,000
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Products
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Product image Name Product status Revenue model Cost metrics

Carbon Capture Cube

Global Thermostat's carbon capture cube removes CO2 from the atmosphere and stores it for reuse.

Pilot/Early Revenue Products - Retail
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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