Terms
- Announced
- 9 Jan 2026
- Instrument
- Debt · Pre-purchaseCredits paid for before they are delivered, which finances the project.
- Amount
- 290 tCO2eNo cash value disclosed
- Source
- milkywire.com
Parties
- Project developer
- Octavia Carbon
- Recipient type
- Technology company
- Country
- Kenya
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Milkywire Pre-purchaser Undisclosed No value disclosed
Carbon
- Pathway
- DAC
- Backed by offtakes from
What happened
- Milkywire pre-purchase of 290 t of durable carbon removal from Octavia Carbon, funded by Salesforce, part of the January 2026 Milkywire round of Salesforce-backed pre-purchases (19 suppliers, 12,492 t). Closing wording: "Milkywire has completed Salesforce-backed pre-purchases of over 12,500 tonnes of durable carbon removal from 19 suppliers" (Milkywire, 9 January 2026). Value undisclosed per supplier and for the round; payment timing not stated. Milkywire says its collaboration with Salesforce "covers $5 million"; that is the programme envelope, not this round, and is not booked.
Kumo note
- - Pre-purchase placed by Milkywire with Salesforce funding, in a round aimed at first-of-a-kind and research-intensive projects that volume buyers do not yet serve.
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