CCUS Startup Funding 2024-2026

What are all the funding deals in the CCUS market from August 2024 to July 2026?

The table below lists every disclosed equity round raised by pure-play CCUS companies between August 2024 and July 2026. We count as “pure-play” CCUS companies those focused on capturing CO2, conditioning it, moving it, using it durably, or storing it to prevent atmospheric release.

Each row shows the company, what it does, its category, the deal date, the funding stage, the round size, the region, the main investors, and the announcement source. For a wider view of how carbon capture fits into the broader decarbonization opportunity, we cover it in our CCUS market report.

How active has fundraising been in the CCUS market?

As of July 2026, fundraising in the CCUS market has been active but measured rather than explosive. Over the past 24 months, companies raised 43 disclosed equity rounds and $945.07M combined, which works out to 1.87 deals per month.

The monthly pace matters because the CCUS market is often discussed as a massive infrastructure opportunity. This dataset shows a real venture market, but not a high-volume software-style market.

Dollar flow averaged $41.09M per month, while the median month saw $16.80M raised. That gap shows how much the market depends on occasional large financings.

The median number of deals per month was 2.00, which means activity was fairly regular even when capital was uneven. The CCUS market is seeing steady formation, but not steady scale-up dollars.

If you’re interested in knowing more about the top startups in this industry, check our market report covering carbon capture and CCUS.

How concentrated has fundraising been in the CCUS market?

As of July 2026, fundraising in the CCUS market has been meaningfully concentrated at the top. Over the past 24 months, the single largest deal accounts for 17.14% of all capital raised, the top 3 reach 41.80%, and the top 5 reach 51.71%.

This concentration is strong, but it is not a one-company story. Heirloom, Climeworks, Twelve, Aircapture, and Lydian each help shape the upper end of the market.

The top 10 deals account for 67.75% of all disclosed capital. That means most of the dollar signal comes from a relatively small class of scale-oriented financings.

This is important for interpretation. A headline funding total for the CCUS market can look broad, but the real question is which categories and companies produced the largest checks.

How much of the CCUS funding signal is driven by outliers?

As of July 2026, the CCUS funding signal is clearly influenced by outliers, but not completely controlled by one deal. Over the past 24 months, two rounds exceeded $100M and three rounds were strictly above $50M.

The largest round was Climeworks at $162M, followed by Heirloom at $150M and Twelve at $83M. Together, the top 3 deals produced 41.80% of all disclosed capital.

The market looks different when rounds above $50M are removed. Total capital falls from $945.07M to $550.07M, which shows that ordinary financings still matter but do not drive the headline.

The median round size is $11.60M, compared with an average of $21.98M. That is the simplest proof that the typical CCUS company raises much less than the market average suggests.

Is the CCUS market broad with many targets, or narrow with few fundable companies?

As of July 2026, the CCUS market is broad across technical pathways but narrower across fundable scale-up companies. Over the past 24 months, 43 unique companies raised disclosed rounds, but only a small group attracted large checks.

The category spread is wide. The dataset includes Direct Air Capture, CO2 Utilization Platforms, CO2 Storage Services, and Carbon Capture Systems.

At the same time, the connective middle is missing. There were no qualifying pure-play equity rounds in CO2 Conditioning Systems or CO2 Transport Infrastructure.

That makes the CCUS market different from a complete deployment map. Venture-backed company formation is visible around capture, storage, and utilization, but less visible around pipelines, compression, and shared infrastructure.

Is CCUS mostly an early-stage formation market or a late-stage scaling market?

As of July 2026, the CCUS market is mostly an early-stage formation market by deal count, but much more balanced by capital. Over the past 24 months, Seed and Series A rounds represented 37 of 43 deals and 52.33% of capital.

Series A is the main stage in the CCUS market. It accounts for 21 deals and $424.10M, or 44.87% of total disclosed funding.

Seed rounds are numerous but small. They account for 16 deals and $70.47M, with an average size of $4.40M and a median of $4.10M.

Late-stage and growth rounds are rare but powerful. Only 5 late-stage rounds generated $443M, equal to 46.87% of all capital raised in the CCUS market.

If you want to learn more about what investors are currently betting on, check out our report on the CCUS market.

Which categories attract the most investor attention in CCUS?

As of July 2026, CO2 Utilization Platforms and Direct Air Capture attract the most investor attention in the CCUS market. Together, they account for 29 of 43 disclosed deals and $745.52M raised over the past 24 months.

CO2 Utilization Platforms lead by deal count with 17 deals, or 39.53% of all activity. This shows that many founders are building around fuels, chemicals, cement, textiles, graphite, and other product pathways.

Direct Air Capture leads by dollars with $464.62M, or 49.16% of total capital. It has fewer deals than utilization, but the checks are much larger.

CO2 Storage Services also matter, with 10 deals and $135.75M raised. The category spans deep geologic injection, ocean chemistry, mineralization, enhanced weathering, and water-based bicarbonate storage.

Which categories attract disproportionately large checks in the CCUS market?

As of July 2026, Direct Air Capture attracts disproportionately large checks in the CCUS market. Over the past 24 months, it captured 49.16% of capital from only 27.91% of deals, giving it a capital-share-to-deal-share ratio of 1.76.

The average Direct Air Capture round was $38.72M, compared with a market-wide average of $21.98M. That premium reflects the capital intensity and scale ambition of DAC companies.

CO2 Utilization Platforms show the opposite pattern. They represent 39.53% of deals but only 29.72% of capital, with an average round size of $16.52M.

Carbon Capture Systems and CO2 Storage Services sit below parity on this ratio, at 0.73 and 0.62 respectively. Investors are funding those categories, but with smaller checks relative to their deal count.

Which geographies matter most for fundraising in the CCUS market?

As of July 2026, North America and Europe matter most for CCUS fundraising. Over the past 24 months, they accounted for 35 of 43 disclosed deals and 93.44% of all disclosed capital raised.

North America leads the CCUS market on both deals and dollars. It produced 21 deals and $554.10M, equal to 58.63% of total capital.

Europe is the second core geography, with 14 deals and $329M raised. Its 34.81% capital share is supported by Climeworks, Rivan Industries, OXCCU, Paebbl, Carbyon, and several smaller materials or fuels companies.

The remaining regions are visible but much smaller. Middle East, Asia-Pacific, and Africa together account for only 6.55% of disclosed capital in the CCUS market.

If you want to identify the opportunities currently emerging in this market, explore our market pitch on carbon capture and CCUS.

Is the CCUS opportunity set broad or concentrated in one hub?

As of July 2026, the CCUS opportunity set is not concentrated in one hub, but it is concentrated in two core regions. Over the past 24 months, North America and Europe together captured almost all disclosed capital.

North America has the stronger dollar signal. It holds 58.63% of total capital, a $26.39M average deal size, and a $14.50M median round.

Europe has a smaller but still substantial footprint. It holds 32.56% of deal count and 34.81% of capital, which means it is not just a small-round formation market.

Asia-Pacific looks more like a formation market than a scale-up market in this dataset. It produced 4 deals but only $18.07M, with a median round of $2.34M.

Is CCUS a market of small experiments or scaled financings?

As of July 2026, the CCUS market is a mix of small experiments and selective scaled financings. Over the past 24 months, 29 of 43 deals were below $20M, but the largest rounds drove most of the capital.

The deal-size distribution shows a broad base of smaller checks. There were 10 deals below $5M and 19 deals from $5M to below $20M.

The larger check layer is thinner. There were 10 deals from $20M to below $50M, and only 4 deals at or above $50M when $50M is counted inclusively.

This gives the CCUS market a barbell shape. Many companies receive technical-validation capital, but only a few cross into commercialization or scale-readiness financing.

If you want to stay on top of the latest trends, risks, and opportunities in this market, check out our CCUS market report, updated every quarter.

Who are the investors that appear the most in CCUS fundraising?

As of July 2026, repeat investors in the CCUS market are mostly climate-specialist funds, strategic investors, and corporate-linked capital. Over the past 24 months, several named investors appeared in more than one disclosed deal.

Breakthrough Energy Ventures, Siemens Financial Services, Lowercarbon Capital, Prelude Ventures, and Carbon Direct Capital each appeared in multiple disclosed rounds. Their repeat activity clusters around larger or more credible CCUS platforms.

Strategic capital is also visible. Shell Ventures appeared in Origen and Brineworks, while the Climate Pledge Fund appeared across 44.01 and Twelve.

Clean Energy Ventures, BDC Capital, Extantia Capital, and Taranis Carbon Ventures also repeated across the dataset. This suggests the CCUS market needs investors who can underwrite technical risk, long commercialization cycles, and industrial partnerships.

One important caveat: round announcements rarely say how much each investor personally committed. Investor appearances should be read as participation signals, not exact dollar commitments.

Who is the author of this content?

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