Company Profile
CARNOT
Company Overview
Co-founded in 2019 by entrepreneurs Archie Watts-Farmer, Francis Lempp and Nadiur Rahman, CARNOT is developing game-changing power units with twice the efficiency, half the fuel consumption & zero CO2 emissions. Currently large/long-haul applications, responsible for 50% of global transport CO2 emissions, have no alternatives to diesel engines. For 130 years, engines have wasted a third of fuel energy to cooling systems. CARNOT have eliminated this wasted energy by re-thinking, re-designing and revolutionising the internal combustion engine to bring it into the 21st Century. The off-grid energy and long-haul transport sectors, unregulated until the last decade, must be net zero by 2050 and battery technology is unsuitable due to cost and weight. Hydrogen technology is considered to be the only viable solution to decarbonising these sectors. CARNOT power units will have greater efficiency, lower total cost of ownership and greater range, reliability and durability than fuel cells. They are the key to unlocking a hydrogen future while minimising the impact to supply chains.
Company History
August 2019 - Company Incorporated
December 2019 - Awarded Innovate UK Grant worth £300,000
February 2020 - Awarded place in OGTC Techx accelerator with £100,000 funding
April - Convertible Note received
August 2020 - Patent application filed
October 2020 - Successful crowdfund raise >£300,000
January 2021 - Team grows to 5 Full-Time Engineers
Notable Accomplishments / Recognition
Received multiple grants
Successful crowdfund reaching 300% of target in 12 days
Patent application filed