Terraset Invests Millions In A New Cohort Of CDR Companies, Including Graphyte

Terraset announced it has invested a seven-figure amount into a selection of permanent carbon removal projects that utilize different approaches to tackle the climate crisis. 

As shared by Terraset, the funding was provided to a cohort of carbon removal companies that are joining its portfolio for the first time, as well as to companies already part of it. 

The cohort of newcomers to receive backing from Terraset includes CarbonRun, Deep Sky, Eion, NY Carbon, Pyrogen, Sinkco, Terraton, Tradewater, and UNDO. 

These companies have each developed a cutting-edge solution for excess CO2 emissions, powered by technologies ranging across enhanced rock weathering, ocean alkalinity enhancement, bio-oil injection, and biochar.

The companies that already form part of Terraset’s portfolio that received follow-on funding in this financing round include Andes, Charm Industrial, Climeworks, Graphyte, and TerraFixing.

Read the full article in the Carbon Herald here.