Direct Air Capture Startup Heirloom Raises $53Mm Series A, Among The Largest Investments In New Carbon Removal Technologies

Mar 17, 2022•over 3 years ago

Amount Raised

$53 Million

Round Type

series a

San Francisco

Description

Heirloom, a direct air capture company permanently removing CO2 from the atmosphere, announced today that it has raised $53MM in a Series A funding round co-led by Carbon Direct Capital Management, Ahren Innovation Capital, and Breakthrough Energy Ventures, with The Microsoft Climate Innovation Fund as an additional participant. Alice Newcombe-Ellis of Ahren will join Heirloom's board of directors.

Company Information

Company

Heirloom

Location

San Francisco, California, United States

About

Heirloom's mission is to remove 1 billion tons of CO2 from the atmosphere by 2035. Founded in 2020 by repeat entrepreneurs and invented by the world's leading experts in carbon dioxide removal, their technology enhances natural processes to help minerals absorb CO2 from ambient air in days rather than years. By combining the best of engineering and nature, Heirloom is able to offer the most cost-effective and scalable direct air capture solution on the market. To learn more, visit www.heirloomcarbon.com.

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Direct Air Capture Startup Heirloom Raises $53Mm Series A, Among The Largest Investments In New Carbon Removal Technologies

Description

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Company Information