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Transaction
Bioeconomy Institute Carbon Removal Team - XPRIZE Carbon Removal milestone award (Apr 2022)
Terms
- Announced
- 22 Apr 2022
- Instrument
- Grants
- Amount
- US$1.00m
- Source
- xprize.org
Parties
- Project developer
- Bioeconomy Institute Carbon Removal Team
- Recipient type
- Grant recipient
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis XPRIZE Foundation Grantor US$1.00m Disclosed
Carbon
- Pathway
- Other
What happened
- XPRIZE Carbon Removal Land track milestone award of US$1m. XPRIZE announced that "15 teams have been designated as milestone winners in the $100M XPRIZE Carbon Removal competition", each receiving US$1m.
Kumo note
- - Milestone prize award, non-dilutive and tied to a carbon removal demonstration.
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