Terms
- Announced
- 23 Apr 2025
- Instrument
- Grants
- Amount
- US$50.0m
- Source
- mati.earth
Parties
- Project developer
- Mati Carbon
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis XPRIZE Foundation Grantor US$50.0m Sole provider: the whole transaction
Carbon
- Pathway
- Enhanced rock weathering
- Backed by offtakes from
What happened
- Verified 6 Sep: XPRIZE's own page states only the $100m total purse and does not break out the grand prize. The $50m comes from Mati's own account - confirm before ranking
Know more about this transaction?
Tell us what is missing or wrong, and where you read it.
Next step
Capital Connections
Meet the other side of deals like these.
Kumo introduces assessed projects to capital providers whose mandate fits, whichever side you are on.
Get started
Free to explore. No card required.
Terminal
Compare the transactions behind these figures.
Pricing, structures and comparables across Kumo's carbon finance dataset.
Explore the Terminal