CarbonScape

CarbonScape develops biographite technology that converts renewable forestry side streams into high-quality graphite for lithium-ion battery anodes, de-risking graphite supply for the global battery industry. With 95% of global graphite anode production concentrated in China using petroleum-based feedstock, CarbonScape offers a sustainable, locally produced alternative that addresses supply chain vulnerability, volatile pricing, and high CO2 emissions. Graphite constitutes 42% of battery cell volume and approximately 70kg in an electric vehicle, making it a critical battery material as demand grows 6x from 2025 to 2040. The company is backed by major industry players including Stora Enso, CATL, and ATL, positioning it at the intersection of forestry, energy, and battery supply chains. CarbonScape's mission is to make cost-competitive, sustainable, locally produced biographite the global standard for battery anodes. Founded in 2008 and headquartered in Blenheim, New Zealand, the company has raised approximately $18.4 million at the Series B stage.