How Much Did Heirloom Carbon Technologies Raise?
Funding & Key Investors

Heirloom Carbon Technologies has solidified its position as a leader in the climate technology sector, securing a total of $203M in cumulative capital to accelerate the deployment of its proprietary Direct Air Capture (DAC) solutions. The company recently finalized a major strategic investment of $150M, marking a significant milestone in its transition from pilot-scale development to large-scale industrial implementation. This influx of financing underscores the growing institutional appetite for scalable carbon removal technologies capable of addressing the global climate crisis at an enterprise level.

What is Heirloom Carbon Technologies?

Heirloom Carbon Technologies
ManufacturingChemicals & Related ProductsBusiness Services

Headquartered in Brisbane, California, Heirloom Carbon Technologies is at the forefront of the carbon removal industry. The firm specializes in developing advanced DAC technology that leverages natural mineral carbonation processes to capture CO2 from the atmosphere. By integrating these mineral-based solutions into existing industrial frameworks, Heirloom provides a scalable, cost-effective pathway for corporations and governments to achieve net-zero targets. The company's market position is defined by its ability to bridge the gap between laboratory-scale innovation and the rigorous demands of global carbon markets, positioning it as a critical player in the transition to a decarbonized economy.

How much funding has Heirloom Carbon Technologies raised?

Heirloom Carbon Technologies has raised a total of $203M across 2 funding rounds:

2022

Series A

$53M

2024

Series B

$150M

Series A (2022): $53M with participation from Microsoft Climate Innovation Fund, Ahren Innovation Capital, Breakthrough Energy Ventures, and Carbon Direct Capital Management

Series B (2024): $150M led by Lowercarbon Capital, Japan Airlines, and Future Positive

Key Investors in Heirloom Carbon Technologies

Lowercarbon Capital

Lowercarbon Capital is a venture firm dedicated to funding high-impact companies that focus on slashing CO2 emissions and developing technologies to remove carbon from the atmosphere.

Breakthrough Energy Ventures

Breakthrough Energy Ventures is a mission-driven investment firm that provides patient, risk-tolerant capital to companies building transformative technologies to achieve net-zero emissions.

Ahren Innovation Capital

Ahren Innovation Capital is an investment institution that supports transformational companies at the intersection of deep technology and deep science, providing active capital to visionary entrepreneurs.

What's next for Heirloom Carbon Technologies?

With the successful closure of its latest financing round, Heirloom Carbon Technologies is poised to scale its operational footprint significantly. The strategic roadmap focuses on expanding manufacturing capacity and optimizing the efficiency of its mineral-based capture systems. By leveraging this capital, the company aims to reduce the levelized cost of carbon removal, thereby increasing its competitiveness against traditional abatement methods. Future growth will likely involve deeper integration with industrial partners and the deployment of modular DAC facilities, ensuring that Heirloom remains a cornerstone of the global infrastructure required to meet 2050 climate objectives.

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Frequently Asked Questions Regarding Heirloom Carbon Technologies Financial Insights

What are the most recent funding rounds that Heirloom Carbon Technologies has completed, and what were the funding rounds?
Heirloom Carbon Technologies has recently completed 2 funding rounds: Series B on Dec 4, 2024, Series A on Mar 17, 2022.
What is the total amount of funding Heirloom Carbon Technologies has raised to date?
Heirloom Carbon Technologies has raised a total of $203M in funding to date.
How many funding rounds has Heirloom Carbon Technologies completed?
Heirloom Carbon Technologies has completed 2 funding rounds.
How much funding did Heirloom Carbon Technologies raise in its most recent funding round?
Heirloom Carbon Technologies raised $150M in its most recent funding round.
Who are the lead investors in Heirloom Carbon Technologies's latest funding round?
The lead investor in Heirloom Carbon Technologies's latest funding round was Lowercarbon Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Heirloom Carbon Technologies's history?
The largest funding round in Heirloom Carbon Technologies's history was $150M.
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