Venture:
Terralytiq
Founders:
Alexander Pfeiffer and Will Glazener, with founding employees Alysha Hudson ’20SEAS and Robbie Greenberg
Industry:
Decarbonization software
Venture Type:
For-profit
What is the social or environmental issue being addressed?
Terralytiq is decarbonizing the ~thirty percent of global greenhouse gas emissions that come from industry by targeting the complex value chains of industrial companies. Some of these companies have net zero targets, few are on track to hit them. All need help dealing with the complexity of data from thousands of suppliers and a clear understanding of the business case to act on emissions.
Innovation:
Terralytiq’s platform creates custom business plans and identifies market mechanisms to deploy decarbonization models for every supplier facility in a value chain. This customization is off the back of overy forty value chain decarbonization models that model the crate-to-gate production processes for materials such as aluminum, PET, and glass. Terralytiq plans to grow this platform to cover every industrial material with initiatives that everyone from the boardroom to the factory floor can sign off on to accelerate decarbonization action.