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Event type
Building Products for Growth: How to Develop, Experiment, and Ship at Scale
Get context on why carbon removal is necessary and where the ecosystem is today. You’ll also learn more about our selection process and how we chose these companies.
Meet the projects
9:10am - 9:40am
Each new company in the Stripe Climate portfolio will share more about what they're building, their progress so far, and next steps to scale.Â
How you can help
9:40am - 9:50am
Each project will discuss their key bottlenecks, from funding to hiring.
What's next for carbon removal
9:50am - 10:15am
Join a moderated discussion between the Stripe Climate team and a scientific expert panel to share more on what we learned from this round of project review.
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Climeworks
Climeworks uses renewable geothermal energy and waste heat to capture CO₂ directly from the air, concentrate it, and permanently sequester it underground in basaltic rock formations with Carbfix. While it’s early in scaling, it’s permanent, easy to measure, and the capacity of this approach is theoretically nearly limitless.
Charm Industrial has created a novel process for preparing and injecting bio-oil into geologic storage. Bio-oil is produced from biomass and maintains much of the carbon that was captured naturally by the plants. By injecting it into secure geologic storage, they’re making the carbon storage permanent.
Project Vesta captures CO₂ by using an abundant, naturally occurring mineral called olivine. Ocean waves grind down the olivine, increasing its surface area. As the olivine breaks down, it captures atmospheric CO₂ from within the ocean and stabilizes it as limestone on the seafloor.
CarbonCure injects CO₂ into fresh concrete, where it mineralizes and is permanently stored while improving the concrete’s compressive strength. Today they source waste CO₂, but represent a promising platform technology for permanent CO₂ storage, a key component of future carbon removal systems.
