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Transaction

Captura - XPRIZE Carbon Removal milestone award

Terms

Announced
22 Apr 2022
Instrument
Grants
Amount
US$1.00m

Parties

Project developer
Captura
Recipient type
Technology company
Country
United States (Pasadena, CA)
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
XPRIZE FoundationGrantorUS$1.00mSole provider: the whole transaction

Carbon

Pathway
Ocean alkalinity / marine CDR
Project type as recorded
Marine / ocean CDR - electrochemical Direct Ocean Capture (bipolar membrane electrodialysis)

What happened

XPRIZE Carbon Removal milestone award (Musk Foundation funded), awarded to "Captura from the California Institute of Technology" before incorporation.

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