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Transaction

Project Hajar - XPRIZE Carbon Removal XFACTOR award

Terms

Announced
23 Apr 2025
Instrument
Grants
Amount
US$1.00m

Parties

Recipient type
Grant recipient
Country
United Arab Emirates
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
XPRIZE FoundationGrantorUS$1.00mSole provider: the whole transaction

Carbon

Pathway
DAC

What happened

Awarded jointly to Project Hajar, the Aircapture and 44.01 partnership, under the XFACTOR award category. The split between the two partners is not disclosed, so neither is credited with the full amount on its own company page.

Kumo note

Prize money rather than a round, awarded to a partnership that pairs direct air capture with mineralisation in peridotite, so the capture and the storage sit in two different companies.

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