Heirloom DAC technology platform + flagship Project Cypress (Port of Caddo-Bossier, Shreveport, LA) — DAC facility ramping to 300,000 tpa CO2
Heirloom Series B led by Future Positive and Lowercarbon Capital. Brings cumulative funding to >$200M. Heirloom uses limestone calcination DAC (mineralization). Anchor offtake includes Microsoft credits. Project Cypress facility (Caddo-Bossier, LA) starts 2027 at 100K tpa, scales to 300K tpa. Awarded $50M initial DOE Regional DAC Hub funding (Project Cypress with Battelle/Climeworks).
$150M
Deal Value
Carbon Capture & DAC
Technology
CA, LA
Location
Deal Details
- Deal Type
- Strategic & Growth Capital
- Seller / Sponsor
- Heirloom Carbon Technologies
- Deal Value
- $150M (Series B)
- Stage
- Development
- ISO/RTO
- Multiple
- Source
- TechCrunch
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