Terms
- Announced
- 19 Oct 2021
- Instrument
- Equity
- Amount
- US$35.0m
- Source
- businesswire.com
Parties
- Project developer
- CarbonCapture Inc
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Prime Movers Lab Investor US$8.75m Estimated: an even share, 1 of 4 Rio Tinto Investor US$8.75m Estimated: an even share, 1 of 4 Idealab Studio Investor US$8.75m Estimated: an even share, 1 of 4 TIME Ventures Investor US$8.75m Estimated: an even share, 1 of 4
Carbon
- Pathway
- DAC
- Backed by offtakes from
- BCG
- Frontier (coalition)
- Microsoft
- US DOE CDR Purchase Pilot Prize
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