Seattle, Washington – July 16, 2025

Octoon Technologies LLC, a global leader in artificial intelligence and software development, has announced its official membership in Stripe Climate, a pioneering initiative that brings together thousands of forward-thinking businesses to fund carbon removal technologies. This step reinforces Octoon’s long-term vision of aligning technological innovation with environmental responsibility.

As part of this initiative, Octoon Technologies will now contribute a portion of its revenue to support a curated portfolio of early-stage projects that actively remove CO₂ from the atmosphere. The company believes this commitment is more than symbolic, it’s a strategic and moral imperative in the face of an escalating climate crisis.

“We believe the technology sector must be part of the solution, at Octoon, we’ve always believed in building for the future—and that includes investing in a healthier planet. Joining Stripe Climate allows us to support science-backed innovation that directly addresses one of the most pressing challenges of our time.”

Why Carbon Removal Matters

Scientific consensus has made it clear: reducing emissions alone is no longer enough. To meet global climate targets and limit global warming, the world must also invest in technologies that can permanently remove carbon dioxide from the atmosphere. This includes direct air capture, mineralization, enhanced weathering, and bio-oil sequestration, among others.

The challenge, however, is that most carbon removal technologies are still in their infancy and remain prohibitively expensive. They need early-stage funding and widespread adoption to bring costs down and scale impact.

This is where Stripe Climate plays a vital role. By pooling small contributions from thousands of businesses worldwide, Stripe Climate provides early demand and financial support to help promising carbon removal startups develop, commercialize, and grow their solutions. Stripe’s in-house team of scientific and commercial experts—operating under its Frontier program—carefully vets each supported project to ensure scientific credibility and long-term potential.

Octoon’s Commitment Through Stripe Climate

Octoon Technologies’ involvement in Stripe Climate means that every transaction processed through its Stripe-powered payment infrastructure now contributes to global carbon removal efforts. While the contribution from each transaction may seem small, the cumulative impact across Stripe Climate’s 25,000+ member businesses in 39 countries is substantial.

This community of early adopters is helping bring the cost curve of new technologies down, making them more accessible to governments, enterprises, and eventually the broader public. It’s the same model that once helped accelerate the adoption of solar panels, electric vehicles, and DNA sequencing technologies that were once expensive and rare but are now mainstream.

“Our support for Stripe Climate is part of a broader strategy to align our growth with global impact, we’re not just building software, we’re building a future that we want to live in. That future must be sustainable, resilient, and collaborative.”

Supporting Breakthrough Technologies

Some of the standout projects Octoon now supports indirectly through Stripe Climate include:

• Climeworks – A Swiss company that uses renewable geothermal energy to capture CO₂ directly from the air and stores it underground in basaltic rock formations through a process known as mineralization. Climeworks, in partnership with Carbfix, has committed to removing 322 tons of CO₂ on behalf of Stripe Climate members.

• Charm Industrial – An innovative U.S.-based startup that converts biomass into bio-oil and stores it deep underground, offering a unique and measurable method for permanent carbon removal. Stripe Climate was Charm’s first customer, and in 2021, the company removed 416 tons of CO₂ on behalf of participating businesses.

These are just two examples from a growing portfolio of projects that Stripe Climate is funding across a range of methodologies and regions. Each project is carefully selected for its scientific rigor, scalability potential, and permanence.

A Vision Beyond Business

For Octoon Technologies, becoming a Stripe Climate member is not simply a philanthropic gesture—it is a deliberate extension of the company’s core values. As a tech company that serves clients across the globe, Octoon sees environmental stewardship as part of its global responsibility.

The company’s mission has always been about more than just delivering quality software solutions. From empowering small businesses through digital transformation to providing AI-driven insights to large enterprises, Octoon Technologies is driven by a belief in technology as a force for good.

“We recognize that no company can solve climate change alone,” said the company. “But by working together, businesses, scientists, engineers, and communities, we can move faster and farther toward a better future.”

Octoon’s decision to partner with Stripe Climate also serves as an invitation to other companies in the technology and software sectors to step forward and contribute. As the economic and environmental benefits of early adoption become clearer, the hope is that more organizations will follow suit, accelerating the timeline for mainstream adoption of these vital technologies.

About Octoon Technologies

Octoon Technologies LLC is a Seattle-based technology company specializing in artificial intelligence, software development, and digital transformation services. With a growing portfolio of clients across North America, the Middle East, and Asia, Octoon Technologies is known for delivering scalable, high-impact solutions that help businesses evolve in a digital-first world.

Driven by a commitment to excellence and a long-term vision for global impact, Octoon continues to seek out opportunities where innovation and responsibility intersect.

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By joining Stripe Climate, Octoon Technologies reaffirms its belief that sustainable progress is possible—when bold ideas meet collective action.