KARX
Industry:
Capital Markets

DESCRIPTION

Karbon-X is a small, early-stage company operating in the voluntary carbon credit market. The core business is buying verified carbon credits from third-party vendors and reselling them to industrial customers and individual consumers, earning a spread between acquisition cost and selling price. Karbon-X sells to industrial clients in mining, forestry, transportation, and oil and gas, retiring credits in the customer's name for transparency. On the consumer side, Karbon-X launched a mobile app in March 2025 that offers monthly or annual subscription tiers priced between $9.99 and $19.99 per month, each offsetting a different quantity of CO2. The subscription model provides a more recurring revenue stream compared to one-off industrial transactions, though the app's subscriber base is still nascent. In June 2025, Karbon-X agreed to acquire assets from Allcot AG — including a project pipeline, intellectual property, and database — for $350,000, signaling a move toward generating its own carbon credits rather than relying entirely on third-party sourcing. The company's long-term vision is to fund its own carbon-generating projects and sell the resulting credits directly through its app once verified.

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