All the funding deals in the CCUS market
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In our CCUS market deck, you will find everything you need to understand the market
The CCUS market is growing because companies need practical ways to capture CO₂, use CO₂, or store CO₂ for the long term.
We conducted deep research and collected 49 funding deals in the CCUS market covering the period from 2024 to 2026.
We refresh this page very often so readers can follow new CCUS market funding activity as the industry changes.
And if you want to better understand this new industry, you should get our beautiful slides covering the CCUS market.
Insights
- The CCUS market list shows 49 funding deals, with more than $1.17 billion raised across carbon capture, carbon removal, CO₂ utilization, and storage startups.
- Direct air capture remains a major CCUS market theme, but the largest funding rounds also went to CO₂-to-fuels, building materials, and ocean carbon removal companies.
- The CCUS market had a clear funding peak in 2024, mainly because Heirloom, CarbonCapture Inc., Again, and 44.01 each raised large rounds.
- In 2025, the CCUS market became broader, with deals across direct air capture, mineralization, buildings, water treatment, lime, hydrogen, and synthetic fuels.
- Several CCUS market startups connect carbon capture with useful products, such as jet fuel, graphite, chemicals, concrete, and construction materials.
- Ocean-based carbon removal is becoming more visible in the CCUS market, with deals for Gigablue, Equatic, Planetary Technologies, Captura, and pHathom Technologies.
- The CCUS market is not only about huge plants. Smaller modular systems for buildings, ships, industrial sites, and distributed capture also attracted investor money.
- Mining waste and industrial residues are becoming important inputs in the CCUS market, especially for companies that mineralize CO₂ into stable carbonates.
- Many CCUS market deals are still early-stage rounds below $15 million, which shows that the industry has many young technologies still proving scale.

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) |
|---|---|---|---|---|
| Sora Fuel | Makes jet fuel from air, water, and renewable energy. | $14.6M | Q2 2026 | PR Newswire |
| Rivan | Builds synthetic fuel systems using renewable energy, hydrogen, and CO₂. | $31.25M | Q2 2026 | Rivan Industries |
| Carbonyx | Turns waste rock and CO₂ into useful carbon-negative materials. | $0.85M | Q2 2026 | BetaKit |
| Lydian | Converts CO₂, water, and clean power into sustainable fuels. | $43.7M | Q1 2026 | Axios |
| Gigablue | Uses marine microalgae to store carbon in the deep ocean. | $20.0M | Q1 2026 | Gigablue |
| Carbonaide | Stores CO₂ permanently in concrete through CO₂ curing. | $4.0M | Q1 2026 | Tech.eu |
| Co-reactive | Makes carbon-negative cement materials from CO₂ and mineral waste. | $7.0M | Q1 2026 | VentechVC |
| OCOchem | Uses captured CO₂ and water to make formic acid products. | $2.15M | Q1 2026 | GeekWire |
| pHathom Technologies | Stores captured biogenic CO₂ as stable ocean carbon. | $2.8M | Q1 2026 | Business Wire |
| Intrinsic Foundries | Turns industrial emissions into biochemicals with microbial systems. | $1.4M | Q1 2026 | Entrackr |
| Rubi | Uses enzymes to turn waste CO₂ into useful materials. | $7.5M | Q1 2026 | PR Newswire |
| sequestra | Mineralizes industrial CO₂ into stable construction-material inputs. | $3.3M | Q1 2026 | EU-Startups |
| Limenet | Produces CO₂-free lime and stores CO₂ in ocean chemistry. | $8.2M | Q4 2025 | Carbon Herald |
| Vycarb | Stores captured CO₂ as dissolved bicarbonate in natural waters. | $5.0M | Q4 2025 | ESG Today |
| Brineworks | Combines direct air capture with hydrogen for e-fuels. | $5.85M | Q3 2025 | Tech.eu |
| DACLab | Builds modular direct air capture units for e-fuels and storage. | $3.0M | Q3 2025 | PR Newswire |
| Equatic | Uses seawater electrolysis for carbon removal and green hydrogen. | $11.6M | Q3 2025 | Equatic |
| Climeworks | Builds direct air capture plants with permanent carbon storage. | $162.0M | Q3 2025 | Climeworks |
| Aircapture | Builds on-site direct air capture machines for industrial users. | $50.0M | Q2 2025 | ESG Today |
| Alt Carbon | Uses enhanced rock weathering for durable carbon removal. | $12.0M | Q2 2025 | ESG Today |
| Exterra Carbon Solutions | Mineralizes CO₂ using residues from mining and processing. | $14.5M | Q2 2025 | Exterra Technologies |
| RepAir Carbon | Builds electromechanical capture systems for air and industrial emissions. | $15.0M | Q2 2025 | ESG Today |
| Homeostasis | Captures CO₂ and converts the CO₂ into graphite. | $0.6M | Q1 2025 | GeekWire |
| Capture6 | Combines brine-based carbon removal with water treatment. | $27.5M | Q1 2025 | PR Newswire |
| Spiritus | Uses passive direct air capture with proprietary sorbents. | $30.0M | Q1 2025 | Business Wire |
| CarbonQuest | Captures carbon from buildings and smaller industrial sources. | $20.0M | Q1 2025 | GeekWire |
| Mitico | Captures industrial CO₂ using granulated metal carbonate sorption. | $4.3M | Q1 2025 | Business Wire |
| Twelve | Turns captured CO₂ into fuels, chemicals, and materials. | $83.0M | Q1 2025 | ESG Today |
| Origen | Uses limestone-based direct air capture for carbon removal. | $13.0M | Q1 2025 | PR Newswire |
| 44.01 | Mineralizes captured CO₂ permanently in mafic and ultramafic rock. | $5.0M | Q4 2024 | Carbon Herald |
| Heirloom | Uses limestone chemistry for direct air capture. | $150.0M | Q4 2024 | Business Wire |
| Vaulted Deep | Stores organic waste carbon through deep geologic injection. | $32.3M | Q4 2024 | PR Newswire |
| Carbon Ridge | Builds onboard carbon capture systems for ships. | $9.5M | Q4 2024 | Carbon Herald |
| Octavia Carbon | Uses geothermal energy and waste heat for direct air capture. | $3.9M | Q4 2024 | TechCabal |
| Aerleum | Captures CO₂ and converts the CO₂ into fuels and chemicals. | $6.0M | Q4 2024 | HTGF |
| Paebbl | Turns captured CO₂ into carbon-storing construction materials. | $25.0M | Q4 2024 | Paebbl |
| Planetary Technologies | Uses ocean alkalinity enhancement for durable carbon removal. | $11.35M | Q3 2024 | Planetary Technologies |
| Phlair | Builds hydrolyzer-based direct air capture systems. | $13.3M | Q3 2024 | EU-Startups |
| Mantel Capture | Captures heavy industrial emissions with molten-borate chemistry. | $30.0M | Q3 2024 | Mantel |
| Carbyon | Builds fast-swing direct air capture technology. | $16.9M | Q3 2024 | Carbyon |
| Again | Uses CO₂, hydrogen, and fermentation to make green chemicals. | $43.1M | Q3 2024 | Carbon Herald |
| 44.01 | Turns captured CO₂ into rock through mineralization. | $37.0M | Q3 2024 | ESG Today |
| Fugu Carbon | Builds solid direct air capture technology for carbon removal. | $1.67M | Q3 2024 | Startup Daily |
| Captura | Extracts CO₂ from seawater for storage or use. | $11.8M | Q2 2024 | Wall Street Journal |
| CarbonBlue | Removes CO₂ through water-based industrial infrastructure. | $10.0M | Q1 2024 | ESG Today |
| Mission Zero Technologies | Builds modular electrochemical direct air capture systems. | $27.7M | Q1 2024 | Mission Zero Technologies |
| CarbonCapture Inc. | Builds modular direct air capture systems for large deployment. | $80.0M | Q1 2024 | CarbonCapture |
| Avnos | Captures CO₂ from air while producing water. | $36.0M | Q1 2024 | Business Wire |
| Captura | Removes CO₂ from seawater so oceans absorb more CO₂. | $21.5M | Q1 2024 | Carbon Herald |

This market map, featured in our CCUS market deck, highlights top companies and startups in the CCUS market
Related blog posts
- What is new in the CCUS market?
- What is the latest news in the CCUS market?
- What is the real size of the CCUS market today?
- What are the latest funding developments in the CCUS market?
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