All the funding deals in the CCUS market
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The CCUS market is attracting funding across carbon capture, carbon removal, CO₂ utilization, transport, mineralization, and permanent storage technologies.
We conducted deep research and collected 53 CCUS market funding deals announced between Q1 2024 and Q2 2026.
We refresh this page very often to add new CCUS market fundraising deals and improve existing information.
And if you want to better understand this new industry, you should get our beautiful slides covering the CCUS market.
Insights
- The 53 CCUS market funding deals in this list represent about $1.44 billion in disclosed financing between Q1 2024 and Q2 2026.
- Direct air capture remains one of the most funded CCUS market segments, with large rounds for Climeworks, Heirloom, CarbonCapture, Aircapture, Spiritus, and Avnos.
- The largest disclosed CCUS market deal was Twelve's $200 million round in Q3 2024, followed by Climeworks' $162 million round and Heirloom's $150 million round.
- CO₂ utilization companies are attracting strong investor interest because fuels, chemicals, graphite, concrete, and other products can create revenue from captured carbon.
- Carbon mineralization is becoming a major CCUS market category, with companies using rock, concrete, steel slag, mining waste, and industrial residues to store CO₂.
- Ocean-based carbon removal is gaining momentum through several approaches, including seawater electrolysis, ocean alkalinity, direct ocean capture, and microalgae-based removal.
- Industrial carbon capture companies are focusing on difficult sectors such as cement, steel, chemicals, power generation, shipping, buildings, and data centers.
- Many newer CCUS market rounds are below $10 million, showing that investors are still funding early technical development alongside larger commercial-scale projects.
- Sustainable aviation fuel is an important CCUS market use case, with funding for Twelve, OXCCU, Lydian, Sora Fuel, Aerleum, and Rivan Industries.
- The CCUS market is expanding beyond capture equipment. Investors are also funding wastewater treatment, carbon-negative construction materials, synthetic fuels, biomanufacturing, and carbon storage.
This chart, included in our CCUS market deck, illustrates yearly VC funding for CCUS startups
Summary table of the funding deals for the CCUS market since 2024
We define the CCUS market as the set of products and services that enable capturing CO₂, conditioning it, moving it, and then either using it or storing it to prevent atmospheric release.
We include CO₂ capture (point-source and direct air), compression/conditioning, CO₂ transport infrastructure and services, utilization pathways, and geological storage (including monitoring and verification directly tied to storage or durable utilization).
We exclude general decarbonization advisory, corporate carbon accounting not tied to specific CCUS projects, trading of carbon credits as a standalone activity, and CO₂ uses that are primarily for short-lived consumption without durable storage.
We focused exclusively on pure players, defined as companies with at least 70–80% of their business directly tied to the CCUS market.
Our analysis has been done at a global level with a minimum funding threshold of $300k.
You can also read our detailed analysis to understand how funding activity in the CCUS market has evolved recently.
If you want a longer-term view, we also have a study of how funding activity in the CCUS market has changed over the years.
Also, you should know that we have a dedicated page, updated weekly, with all the latest fundraising deals in the CCUS market.
| Name | What they do | Amount in $ | Quarter | Source(s) |
|---|---|---|---|---|
| Carbonyx | Turns industrial waste rock into useful materials while permanently storing CO₂. | $0.85M | Q2 2026 | BetaKit, BC Technology |
| CREW Carbon | Improves wastewater treatment while permanently removing CO₂ with alkaline minerals. | $19.0M | Q2 2026 | CREW Carbon, PR Newswire |
| Reduciner | Converts captured industrial CO₂ into fuels and industrial raw materials. | $4.2M | Q2 2026 | Reduciner |
| Rivan Industries | Produces synthetic natural gas from renewable energy, hydrogen, and captured CO₂. | $31.25M | Q2 2026 | Rivan Industries, The Times |
| Sora Fuel | Converts air, water, and renewable energy into sustainable aviation fuel. | $14.6M | Q2 2026 | Sora Fuel, PR Newswire |
| sequestra | Stores industrial CO₂ in stable carbonates made from industrial residues. | $3.3M | Q1 2026 | EU-Startups, Carbon Herald |
| Cocoon Carbon | Turns steel slag into low-carbon materials that can replace cement. | $15.0M | Q1 2026 | Business Wire, SOSV |
| Rubi | Uses enzymes to convert waste CO₂ into chemicals and consumer materials. | $7.5M | Q1 2026 | PR Newswire |
| Intrinsic Foundries | Uses microorganisms to convert industrial carbon emissions into valuable biochemicals. | $1.4M | Q1 2026 | pv magazine India, Economic Times |
| pHathom Technologies | Stores captured biogenic CO₂ as dissolved carbon in seawater. | $2.9M | Q1 2026 | Business Wire |
| Co-reactive | Turns captured CO₂ and industrial residues into low-carbon cement materials. | $7.7M | Q1 2026 | Co-reactive, EU-Startups |
| Carbonaide | Stores CO₂ permanently inside concrete during the curing process. | $4.4M | Q1 2026 | Carbonaide, Tech.eu |
| Gigablue | Uses microalgae to capture carbon and store it in the deep ocean. | $20.0M | Q1 2026 | Gigablue, ESG Today |
| OCOchem | Converts captured industrial CO₂ and water into formic acid and formates. | $2.15M | Q1 2026 | GeekWire, Fundup AI |
| Lydian | Converts captured CO₂ and renewable electricity into sustainable aviation fuel. | $43.7M | Q1 2026 | Axios, VCBacked |
| Climeworks | Builds direct air capture plants and provides carbon removal services. | $162.0M | Q3 2025 | Climeworks |
| Equatic | Uses seawater electrolysis to remove carbon and produce green hydrogen. | $11.6M | Q3 2025 | Equatic |
| OXCCU | Converts waste carbon into sustainable aviation fuel in one process. | $28.0M | Q3 2025 | OXCCU |
| Brineworks | Uses electrolyzers to capture air-based CO₂ and produce hydrogen. | $5.85M | Q3 2025 | Brineworks |
| DACLab | Builds modular direct air capture systems for fuels and storage projects. | $3.0M | Q3 2025 | PR Newswire |
| LanzaTech | Converts waste carbon into fuels, chemicals, and useful materials. | $40.0M | Q2 2025 | MarketScreener |
| Aircapture | Builds modular systems that capture and supply high-purity atmospheric CO₂. | $50.0M | Q2 2025 | Decarbonfuse |
| ARK Capture Solutions | Builds equipment for capturing CO₂ from low-concentration industrial exhaust. | $2.4M | Q1 2025 | A6K |
| Homeostasis | Converts waste CO₂ into graphite and other valuable carbon materials. | $0.6M | Q1 2025 | PR Newswire |
| Capture6 | Uses waste brine to produce freshwater and remove atmospheric carbon. | $27.5M | Q1 2025 | Capture6 |
| Spiritus | Develops direct air capture technology for permanent carbon removal. | $30.0M | Q1 2025 | Business Wire |
| Mote | Produces energy from biomass while capturing and storing the resulting carbon. | $7.0M | Q1 2025 | Business Wire |
| CarbonQuest | Builds distributed carbon capture systems for buildings and industrial sites. | $20.0M | Q1 2025 | CarbonQuest |
| Mitico | Captures industrial CO₂ using granulated metal carbonate materials. | $4.3M | Q1 2025 | Mitico |
| Twelve | Converts captured CO₂ into fuels, chemicals, materials, and aviation fuel. | $83.0M | Q1 2025 | Twelve |
| Origen | Uses limestone-based technology for direct air capture and carbon removal. | $13.0M | Q1 2025 | Origen Carbon |
| Paebbl | Turns captured CO₂ into carbon-storing construction materials. | $25.0M | Q4 2024 | ESG Today |
| Aerleum | Captures CO₂ and converts it directly into fuels and chemicals. | $6.0M | Q4 2024 | TechCrunch |
| Octavia Carbon | Operates geothermal-powered direct air capture systems in Kenya. | $3.9M | Q4 2024 | TechCrunch |
| Carbon Ridge | Builds onboard carbon capture systems for commercial ships. | $9.5M | Q4 2024 | Business Wire |
| Planetary Technologies | Uses ocean alkalinity to remove and store atmospheric CO₂. | $11.35M | Q4 2024 | Planetary Technologies |
| Vaulted Deep | Stores organic waste carbon through deep underground injection. | $32.3M | Q4 2024 | PR Newswire |
| Heirloom | Uses limestone chemistry to capture and permanently remove atmospheric CO₂. | $150.0M | Q4 2024 | Heirloom |
| 44.01 | Stores captured CO₂ permanently by mineralizing it inside rock. | $5.0M | Q4 2024 | Carbon Herald |
| KC8 Capture Technologies | Develops lower-cost solvents for capturing CO₂ from industrial facilities. | $6.7M | Q3 2024 | KC8 Capture Technologies |
| Fugu Carbon | Builds solid-material systems for low-cost direct air capture. | $1.67M | Q3 2024 | Startup Daily |
| 44.01 | Stores captured CO₂ permanently inside reactive underground rock. | $37.0M | Q3 2024 | 44.01 |
| CarbonBlue | Removes CO₂ using water-based systems connected to industrial infrastructure. | $10.0M | Q3 2024 | Calcalist Tech |
| Again | Uses captured CO₂, hydrogen, and fermentation to produce green chemicals. | $43.1M | Q3 2024 | EU-Startups |
| Carbyon | Develops fast direct air capture systems with lower energy requirements. | $16.9M | Q3 2024 | Carbyon |
| Mantel Capture | Builds molten-borate systems for capturing heavy industrial CO₂ emissions. | $30.0M | Q3 2024 | Business Wire |
| Phlair | Builds hydrolyzer-based systems for direct air capture. | $13.3M | Q3 2024 | EU-Startups |
| Twelve | Converts captured CO₂ into fuels, chemicals, and other products. | $200.0M | Q3 2024 | Twelve |
| Captura | Extracts CO₂ from seawater for storage or industrial use. | $11.8M | Q2 2024 | Captura |
| Captura | Removes CO₂ from seawater so oceans can absorb more carbon. | $21.5M | Q1 2024 | Captura |
| Avnos | Builds direct air capture systems that also produce water. | $36.0M | Q1 2024 | Business Wire |
| CarbonCapture Inc. | Builds modular direct air capture machines for large projects. | $80.0M | Q1 2024 | CarbonCapture Inc. |
| Mission Zero Technologies | Builds modular electrochemical systems for direct air capture. | $27.7M | Q1 2024 | Mission Zero Technologies |
This market map, featured in our CCUS market deck, highlights top companies and startups in the CCUS market
Related blog posts
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- What is the latest news in the CCUS market?
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- What are the latest funding developments in the CCUS market?
