Carbogenics Secures $80,000 Workforce Funding to Accelerate U.S. Expansion in New Mexico

Carbogenics, a leading innovator in biocarbon based solutions for use within Anaerobic Digestion, clean polluted water, seal open ‘orphan’ gas wells or for Direct Air capture (DAC) of CO2, today announced it has been awarded $80,000 through the Job Training Incentive Program (JTIP), administered by the New Mexico Economic Development Department.

The funding will support the hiring and on-the-job training of three New Mexico residents at Carbogenics’ facility in Northern New Mexico, marking a key milestone in the company’s U.S. expansion strategy. The investment enables Carbogenics to scale its operational footprint while embedding local talent at the heart of its growth in the region.

Carbogenics is at the forefront of converting organic waste into high-performance biochar products with the belief that climate solutions must address multiple challenges at once. Biochar stood out because it offered a combination of benefits: it could transform ‘waste’ resources, permanently sequester carbon while improving biological and industrial processes, e.g. it can be used within Anaerobic Digestion, clean polluted water, seal open ‘orphan’ gas wells or for Direct Air capture (DAC) of CO2. As regulatory pressure and sustainability targets intensify across North America, the company is positioning itself to meet growing demand for scalable, low-carbon infrastructure solutions.

The JTIP award reflects strong alignment between Carbogenics’ growth plans and New Mexico’s commitment to fostering clean technology innovation and high-quality job creation. By supporting workforce development, the program enables companies like Carbogenics to accelerate deployment while reducing the barriers associated with scaling new technologies in complex, risk-sensitive markets.

“This award is an important step in establishing Carbogenics’ presence in the United States,” said Ed Craig, CEO of Carbogenics. “New Mexico offers a compelling environment for clean technology innovation, and this support allows us to invest directly in local talent as we scale. Our focus is on delivering solutions that contribute meaningfully to climate goals through various applications.”

The funding underscores both the commercial and environmental potential of Carbogenics’ technology, as well as its ability to secure strategic, non-dilutive capital to support growth.

“The JTIP funding plays a valuable role in supporting Carbogenics’ early-stage growth in the U.S.,” said Colin Preston. “Access to non-dilutive support like this strengthens our ability to accelerate our client outcomes, climate impact and commercial potential.”

“Carbogenics is a great case study in how a company can scale in New Mexico as they enter the U.S. market.,” said Ward Hendon of Dangerous Ventures, an advanced energy and climate technology investor. “Support from programs like JTIP not only validates the company’s direction and impact but also accelerates its ability to scale in rural areas of the country that have fewer options for economic development.”

Carbogenics’ expansion into New Mexico represents a broader strategic push into the U.S. market, where increasing environmental regulations are driving demand for innovative, sustainable treatment solutions. The company will continue to work closely with regional partners to build a strong operational base while demonstrating the performance and reliability of its technology across diverse real-world applications.