Heirloom DAC platform — limestone calcination direct air capture (commercial pilot in Tracy, CA)
Series A round to scale Heirloom's mineralization-based DAC technology. Launched first US commercial DAC plant in Tracy, CA in November 2023 (1,000 tpa). Microsoft also signed CDR offtake agreement.
$53M
Deal Value
Carbon Capture & DAC
Technology
CA
Location
Deal Details
- Deal Type
- Strategic & Growth Capital
- Seller / Sponsor
- Heirloom Carbon Technologies
- Buyer / Financier
- Carbon Direct, Future Positive Capital, Lowercarbon Capital, Microsoft Climate Innovation Fund, Breakthrough Energy Ventures, Kimmeridge
- Deal Value
- $53M (Series A)
- Stage
- Development
- ISO/RTO
- CAISO
- Source
- Heirloom Carbon
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