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Transaction

Heirloom - NSF SBIR Phase I grant (Jun 2021)

Terms

Announced
30 Jun 2021
Instrument
Grants
Amount
US$0.26m
Source
nsf.gov

Parties

Project developer
Heirloom
Recipient type
Technology company
Country
United States
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
National Science FoundationGrantorUS$0.26mDisclosed

Carbon

Pathway
Direct air capture

What happened

National Science Foundation SBIR Phase I award to Heirloom Carbon Technologies, Inc.. SBIR Phase I: transformative low-cost approach for direct air capture of CO2 via repeated cycles of ambient weathering of metal oxides. NSF records the funds as obligated ($255,737).

Kumo note

- Non-dilutive federal SBIR grant to a carbon removal company.

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