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Direct air capture carbon removal company
heirloomcarbon.comLast updated
In short: Heirloom secured Japanese investments and advanced carbon removal expansion in Louisiana and Alberta
The round was co-led by Future Positive and Lowercarbon Capital, with strategic investors including Japan Airlines, Mitsubishi Corporation, Mitsui, MOL Switch, Quantum Innovation Fund, and Siemens Financial Services.
The combined facilities will remove nearly 320,000 tonnes CO2 per year, create about 1,000 jobs, and include a phased Project Cypress hub with DOE funding eligibility.
The Tracy, California facility captures up to 1,000 tons CO2 per year, uses renewable energy, and stores CO2 in concrete for long-term sequestration.
Microsoft will purchase up to 315,000 metric tons of permanent CO2 removal to finance Heirloom's Direct Air Capture projects and enable project financing mechanisms.
In a warehouse in Brisbane, California, just south of San Francisco, Christian Theuer demonstrates a carbon removal process called Direct Air Capture. “B...
Heirloom has secured two new investments from the Development Bank of Japan Inc. (DBJ) and engineering company Chiyoda Corporation.
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