Climeworks, a leading player in the field of carbon removal technology, has recently announced an equity round of $650 million. This marks a major milestone in the carbon removal industry and the future trajectory of Climeworks as a company. The news comes hot on the heels of the company’s deals … [continued]
Heirloom Carbon Technologies, a direct air capture (DAC) company, has just announced that it has successfully raised $53 million in equity financing. Notable investors participated in the round: Carbon Direct Capital Management, Ahren Innovation Capital, Carbon Removal Partners (CRP), and Breakthrough Energy Ventures (BEV), with the Microsoft Climate Innovation Fund … [continued]
This month, Climeworks signed a progressive deal with Zendesk, the service and sales company, to permanently remove part of its unavoidable emissions. This deal demonstrates a clear sense of climate understanding from Zendesk and will empower Climeworks’ carbon-removal solution and also its necessary and sustainable mission. Climeworks was founded in … [continued]
This month it was announced that Microsoft had selected Carbonfuture to be an integral part of its carbon removal portfolio. This deal aims to support Microsoft’s ambitious climate pledge to become entirely carbon negative by 2030, and stands as yet another indicator of much-needed climate action. In terms of carbon … [continued]
In addition to high-scale emission avoidance and reduction efforts, high-quality carbon removals are beginning to be another component of global net-zero roadmaps. This has triggered both LGT and Boston Consulting Group (BCG) to sign a 10-year air capture agreement with Climeworks, thereby committing to a longstanding commitment towards carbon removal. … [continued]
Benjamin Schulz: Hi Noah! What is the background story of Carbon180 and what led you to create the organization? Noah Deich: When we launched Carbon180 about six years ago at this point, the idea of carbon removal was far outside of the mainstream of climate policy and business decisions. And … [continued]
Carbonfuture has gained a huge vote of confidence in its ability to deliver on its promise of “carbon removal you can trust,” with investors putting $2.8 million in seed funding into the company. The investment round was led by Übermorgen Ventures, which was joined by early-stage investor seed + speed … [continued]
When did you found Heirloom, and what is the story behind it? What was your initial inspiration? I grew up in South-East India, and I saw first-hand the impacts of climate change on very vulnerable people. They don’t call it climate change, but the increasing levels of cyclones and droughts … [continued]
Tesla and SpaceX CEO Elon Musk along with his foundation are funding the XPRIZE Carbon Removal competition, which is aimed at fighting climate change and rebalancing our planet’s carbon cycle. This week, XPRIZE announced that $5 million of that prize has been awarded to 23 student-led teams, with 18 of … [continued]
Charm recently announced the significant delivery of 5,000 tons of carbon removals, so we spoke to their co-founder.
