Terms
- Announced
- 5 Jun 2025
- Instrument
- Equity
- Amount
- US$50.0m
- Source
- eznewswire.com
Parties
- Project developer
- Aircapture
- Recipient type
- Technology company
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Larsen Lam Climate Change Foundation Investor US$50.0m Sole provider: the whole transaction
Carbon
- Pathway
- DAC
What happened
- Other participants in the round were not disclosed by the company. XPRIZE Carbon Removal is not an investor here; the prize is recorded separately at GR-090.
Kumo note
- Aircapture’s Series A was led by a single family foundation rather than a venture syndicate, with no other investors disclosed. The company sells captured CO2 into the industrial gas market, so its revenue does not depend on the price of a removal credit.
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