Pond is one of the first companies to commercialize a scalable Carbon Capture & Utilization technology that can be deployed at existing industrial sites. The algae photosynthesize and consume carbon dioxide emissions. Pond uses its proprietary growth platform to grow algae at a rapid rate in confined vessels (large tanks), resulting in high-volume, high-quality algae biomass ready for further processing. Pond algae is converted into a range of products, including nutraceuticals (astaxanthin, chlorella, spirulina), high-protein animal feed, or petroleum derivatives (e.g., green plastic, cosmetics, industrial lubricants, or biofuel). Pond's growth platform is a modular, scalable, bolt-on solution with zero water loss and minimal land footprint on existing industry sites. Pond essentially closes the carbon loop by mining our economy's biggest output - carbon dioxide.