10 August 20237 August 2023 Newlight Completes US$125M In New Equity Round Led by GenZero In addition to financial participation, Newlight has completed development agreements with CNG to commercialize specialty films decarbonized with AirCarbon and with OLCV to use direct air capture (DAC)
31 March 202228 March 2022 Carbon-Capture Startup Using Dirt Cheap Material Raises $53 Million Heirloom uses cheap and widely available limestone to suck carbon from the air. The latest funds will help build its first pilot-scale facility
3 September 20209 September 2021 Oxy Low Carbon Ventures, Rusheen Capital Management create development company ‘1PointFive’ to deploy Carbon Engineering’s Direct Air Capture technology 1PointFive and Carbon Engineering have signed a licensing agreement enabling the commercial development of the world’s largest DAC facility
22 October 20199 September 2021 Negative-emission fuel agreement Velocys’ Bayou Fuels project set to produce negative emission fuels after signing CCUS agreement with Oxy Low Carbon Ventures