Which startups have raised the most funding in the CCUS market?

Last updated: 9 June 2026

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market research pitch 2026 statistics CCUS market

In our CCUS market deck, you will find everything you need to understand the market

The CCUS market is moving fast, with startups working across direct air capture, industrial carbon capture, ocean carbon removal, mineralization, carbon-to-products, and low-carbon materials.

This list ranks the top CCUS market startups by cumulative funding raised, so investors can quickly see which companies have attracted the most capital.

We update this list every month, because funding rounds, acquisitions, and commercialization milestones change quickly in carbon capture, utilization, and storage.

And if you want to better understand this new industry, you can download our pitch covering the CCUS market.

A quick summary table

Metric Value
Most funded startup LanzaTech, with about $1.0B raised
Second most funded startup Climeworks, with about $956M raised
Largest funding round Svante, with a $318M Series E round
Median funding About $20M across the higher-quality CCUS startup dataset
Share of funding captured by the top 10 About 76% of comparable higher-quality funding
Median time since last round About 20 months, based on the latest disclosed funding dates
Startups that raised funding in the last 12 months 23 startups raised or disclosed funding from June 2025 onward
CCUS startups above $100M raised 13 companies have crossed the $100M funding mark
CCUS startups above $50M raised 22 companies have crossed the $50M funding mark
Acquired or public CCUS startups 4 companies are IPO or acquired
Chart illustrating yearly VC funding for CCUS startups

This chart, included in our CCUS market deck, illustrates yearly VC funding for CCUS startups

Top startups in the CCUS market ranked by total funding raised

Here is an updated table that ranks the top startups in the CCUS market based on the total amount of funding they have raised to date.

The table also includes the total number of funding rounds, the date and size of the latest round, the financing type (e.g. Series A, equity financing), key investors, the startup’s current status (active, IPO, acquired, or shut down), and a confidence score based on the data collected (we excluded startups with very low data confidence, to make sure everything is reliable).

If you're interested in knowing how much these startups are worth, you can check our list of the top startups in the CCUS market ranked by valuation.

# Startup What They Do Total Raised ($) Total Rounds Last Round Date Last Round Amount ($) Last Round Type Key Investors Current Stage Confidence
1 LanzaTech Waste carbon to fuels $1.0B 9 May 2026 $30M Post-IPO equity LanzaTech Global SPV, institutional investors, SiteGround IPO Partial
2 Climeworks Direct air carbon removal $956M 5 July 2025 $162M Equity / Growth BigPoint Holding, Partners Group Active Strong
3 Twelve CO2 to fuels and chemicals $872M 4 February 2025 $85M Series C / project funding SMBC, TPG, Pulse Fund Active Strong
4 Svante Solid-sorbent industrial carbon capture $474M ~13 December 2022 $318M Series E Chevron New Energies, Temasek, OGCI Climate Investments Active Partial
5 Newlight Technologies Converts greenhouse gas to biomaterials $220M 5 August 2023 $125M Equity / Series F GenZero, Charter Next Generation, Oxy Low Carbon Ventures Active Partial
6 Heirloom Limestone-based direct air capture $203M 3 December 2024 $150M Series B Future Positive, Lowercarbon Capital, Japan Airlines Active Strong
7 Carbon Clean Modular industrial carbon capture $195M ~4 May 2022 $150M Series C Chevron, AXA IM Alts, Samsung Ventures Active Partial
8 CarbonCure CO2 mineralization for concrete $160M 9 July 2023 $80M+ Series F / Equity Blue Earth Capital, 2150, Breakthrough Energy Ventures Active Partial
9 Avnos Hybrid DAC captures water $128M 3 February 2024 $36M Series A NextEra Energy Resources, Safran Corporate Ventures, Shell Ventures Active Partial
10 Remora Vehicle exhaust carbon capture $117M 4 May 2025 $60M Series B Valor Equity Partners, Lowercarbon Capital, Union Square Ventures Active Partial
11 Air Company CO2-derived fuels and products $108M 3 September 2024 $69M Series B Avfuel, Lowercarbon Capital, In-Q-Tel Active Full
12 Air Protein Air-based protein fermentation $107M 2 May 2023 $75M SAFE / equity-like ADM, Ford Foundation, Plum Alley Active Partial
13 Solidia Technologies Low-carbon cement and concrete $105M 4-9 April 2021 $78M Series D Imperative Ventures, Zero Carbon Partners, Breakthrough Energy Ventures Active Strong
14 CarbonCapture Modular direct air capture $88M 3 March 2024 $45M Series A Extension Amazon Climate Pledge Fund, Aramco Ventures, Siemens Financial Services Active Strong
15 Verdox Electrochemical carbon capture $80M 1 February 2022 $80M Series C Breakthrough Energy Ventures, Prelude Ventures, Lowercarbon Capital Active Strong
16 Carbon Engineering Direct air capture technology $76M 2 March 2019 $68M Private Equity Bill Gates, Chevron Technology Ventures, Oxy Low Carbon Ventures Acquired Strong
17 Carbon Recycling International CO2-to-methanol technology $76M 2 June 2023 $30M Equity financing Equinor Ventures, Gildi, Sjova Active Partial
18 Global Thermostat Atmospheric carbon capture systems $70M 3 May 2023 Undisclosed Series B Presidio Ventures, Sumitomo Corporation Acquired Partial
19 Terradot Enhanced rock weathering carbon removal $58M 2 December 2024 $54M Series A John Doerr, Google, Microsoft Climate Innovation Fund Active Full
20 Deep Sky Carbon removal project infrastructure $57M 2 September 2024 $2M Strategic equity investment National Bank of Canada, BMO Active Strong
21 CarbonQuest Distributed point-source carbon capture $56M 2 February 2025 $20M Series A continuation Riverbend Energy Group, Energy Capital Ventures, Aligned Climate Capital Active Strong
22 Again CO2 fermentation into chemicals $53M 2 July 2024 $43M Series A GV, HV Capital, Kompas VC Active Strong
23 Aircapture Modular direct air capture $50M 1 June 2025 $50M Series A Larsen Lam Climate Change Foundation Active Strong
24 Carbon Upcycling CO2-enhanced cement materials $50M 3 June 2025 $18M Investment round Builders Vision, BDC Capital, Climate Investment Active Full
25 44.01 CO2 mineralization in rock $47M 3 February 2025 $5M Series A extension Nysno Climate Investments, Jasoor Ventures Active Strong
26 Captura Direct ocean carbon capture $45M 3 April 2024 $12M Series A extension National Grid Partners, Japan Airlines Innovation Fund, Translink Capital Active Full
27 Spiritus Low-cost DAC carbon removal $41M 2 March 2025 $30M Series A Aramco Ventures, Khosla Ventures, Mitsubishi Heavy Industries America Active Strong
28 Vaulted Deep Biomass carbon storage underground $40M 2 November 2024 $32M Series A Prelude Ventures, Lowercarbon Capital, Earthshot Ventures Active Full
29 Dioxycle Converts CO2 into chemicals $40M 2+ April 2026 $23M Undisclosed equity Lowercarbon Capital, Breakthrough Energy Ventures, Gigascale Capital Active Partial
30 Capture6 Brine-to-carbon removal systems $34M 2 March 2025 $28M Series A / project funding Tetrad Corporation, Hyundai ZER01NE Ventures, Energy Capital Ventures Active Partial
31 Ebb Carbon Electrochemical ocean alkalinity enhancement $34M 4 April 2024 Undisclosed Series A / early-stage Prime Coalition, Prelude Ventures, Evok Innovations Active Partial
32 Paebbl Mineralizes CO2 into materials $33M 2 October 2024 $25M Series A Capnamic Ventures, Amazon Climate Pledge Fund, Holcim Active Strong
33 Mission Zero Electrochemical direct air capture $33M 2 March 2024 $28M Series A 2150, Breakthrough Energy Ventures, World Fund Active Full
34 Mantel High-temperature molten-salt capture $32M 2 September 2024 $30M Series A Shell Ventures, Eni Next, Engine Ventures Active Full
35 NovoNutrients Turns CO2 into protein $30M 5 July 2024 $18M Series A Woodside Energy, CM Venture Capital, SOSV / IndieBio Active Strong
36 C-Capture Solvents for industrial carbon capture $28M 4 September 2023 $12M Series B Northern Gritstone, BP Ventures, Drax Active Strong
37 Carbyon Fast-swing direct air capture $28M 3 July 2025 Undisclosed Series A extension ISAI Build Venture, Siemens Financial Services, Omnes Capital Active Partial
38 MTR Carbon Capture Membrane-based CO2 separation $27M 1 disclosed April 2026 $27M Series B Climate Investment, Hartree Partners Active Partial
39 RepAir Electrochemical CO2 capture $27M 3 April 2025 $15M Series A Extension Taranis Carbon Ventures, Extantia Capital, Ormat Technologies Active Full
40 CREW Carbon Wastewater-based carbon removal $24M 2 May 2026 $19M Series A Burnt Island Ventures, AP Ventures, Sony Innovation Fund Active Strong
41 D-CRBN Plasma CO2 recycling technology $20M 1 May 2026 $20M Series A Astaia, SFPIM, EIC Fund Active Strong
42 Dimensional Energy CO2-derived sustainable fuels $20M 2 December 2023 $20M Series A Envisioning Partners, United Airlines, Microsoft Climate Innovation Fund Active Partial
43 Greenlyte Carbon Technologies DAC plus hydrogen production $20M 3 March 2024 $12M Pre-Series A Earlybird, Green Generation Fund, Partech Active Strong
44 Gigablue Marine carbon removal platform $20M 1 January 2026 $20M Series A first close Planet Ocean Capital Active Strong
45 Blue Planet Systems CO2-mineralized aggregate production $19M+ 5+ June 2022 Undisclosed Strategic equity Holcim, Chevron Technology Ventures, Knife River Active Partial
46 Carbon Ridge Shipboard carbon capture systems $16M 2 October 2024 $10M Series A Crosscut Ventures, Western Technology Investment, Grantham Foundation Active Strong
47 Eion Enhanced rock weathering $15M+ 2 September 2024 $3M Series A extension Growmark, AgFunder, Ridgeline Acquired Strong
48 Planetary Technologies Ocean alkalinity carbon removal $15M 2 October 2024 $11M Series A Evok Innovations, BDC Capital, Amplify Capital Active Strong
49 Feynman Dynamics CO2 electrolysis components $14M+ 2 February 2024 $14M+ Pre-A Tianjin Venture Capital, GL Ventures, Lightspeed China Active Partial
50 CarbiCrete Cement-free carbon-negative concrete $14M 4 May 2022 $14M Series A FS Investors, ARC Energy Fund 9, New Climate Ventures Active Partial
51 Phlair Electrochemical DAC systems $13M 1 September 2024 $13M Seed Extantia Capital, Planet A, Verve Ventures Active Partial
52 Origen Limestone-based carbon removal $13M 1 January 2025 $13M Series A Barclays Climate Ventures, Shell Ventures, Elemental Impact Active Full
53 Alt Carbon Enhanced rock weathering in India $13M 2 May 2025 $12M Seed Lachy Groom, ACT Capital Foundation, Shastra VC Active Full
54 CarbonWorks Microalgae carbon capture utilization $12M 1 March 2022 $12M Series A BNP Paribas, Bpifrance, Demeter Active Full
55 Equatic Seawater electrolysis carbon removal $12M 1 August 2025 $12M Series A C3H, Kibo Invest Active Strong
56 Sustaera Low-cost DAC sorbents $11M 2 July 2023 $1M Series A / Extension Breakthrough Energy Ventures, Grantham Foundation Active Partial
57 Noya Modular direct air capture $11M 2 April 2023 $11M Series A Union Square Ventures, Collaborative Fund, Lowercarbon Capital Active Partial
58 Arca Mine-waste carbon mineralization $10M 3 February 2025 $8M Seed / venture round Side Stage Ventures, Saniel Ventures, Lowercarbon Capital Active Partial
59 Nuada Heatless industrial carbon capture $10M 2 July 2023 $4M Series A extension BGF, Clean Growth Fund, Barclays Active Partial
60 Aqualung Carbon Capture Membrane carbon capture $10M+ 2 April 2025 Undisclosed Series A / Phase 1 LGE/Babcock, Tupras Ventures, Delek Innovation Active Strong
61 General Galactic Converts CO2 to clean fuel $10M 2 November 2024 $8M Seed Harpoon Ventures, Refactor Capital, BoxGroup Active Full
62 CarbonBuilt Low-carbon concrete curing $10M 1 October 2021 $10M Series A Grantham Environmental Trust, Tony Pritzker, Lime Street Ventures Active Strong
63 Limenet CO2-free lime ocean storage $8M 1 December 2025 $8M Undisclosed / early-stage CDP Venture Capital, Fassa Bortolo Active Strong
64 Ucaneo Biomimetic electrochemical DAC $7M 2 March 2025 Undisclosed Seed extension Aramco Ventures, IBB Ventures, Energie 360 SEIF Active Partial
65 Sirona Technologies Direct air capture technology $7M 2 June 2024 $6M Seed LocalGlobe, XAnge, Satgana Active Strong
66 UP Catalyst CO2 to battery graphite $7M 2 August 2024 $2M Seed extension Warsaw Equity Group, SmartCap, Extantia Active Full
67 Carbonaide CO2-cured carbon-negative concrete $7M 2 January 2026 $4M Series A / venture equity Vantaan Energia, Redstone, Ihantola Invest Active Partial
68 Lithos Carbon Farmland enhanced weathering $6M 1 October 2022 $6M Seed Union Square Ventures, Greylock, Bain Capital Ventures Active Strong
69 Skytree Modular onsite DAC $6M 3 June 2025 $6M Seed Horticoop, The Yield Lab Europe, DivisionQ Active Partial
70 Aerleum CO2-to-fuels conversion $6M 1 October 2024 $6M Seed 360 Capital, HTGF, Bpifrance Active Full
71 Aircela Air-to-fuel DAC machines $6M+ 2 February 2023 Undisclosed Series A / Extension Maersk Growth Active Partial
72 Seabound Ship emissions carbon capture $5M 2 May 2022 $4M Seed Lowercarbon Capital, Eastern Pacific Shipping, Soma Capital Active Strong
73 NeoCarbon Cooling-tower DAC retrofits $5M 2 December 2023 $3M Seed RAISE Seed For Good, PT1, Speedinvest Active Strong
74 Oxylus Energy Converts CO2 to methanol $5M 1 September 2024 $5M Seed Toyota Ventures, Azolla Ventures, Connecticut Innovations Active Full
75 Mitico Sorbent-based industrial carbon capture $4M 1 February 2025 $4M Seed Exergon, Audacia Active Full
76 Octavia Carbon Kenyan direct air capture $4M 4 October 2024 $4M Seed Lateral Frontiers, E4E Africa, Catalyst Fund Active Partial
77 Parallel Carbon DAC and green hydrogen $4M 2 September 2025 <$1M Undisclosed follow-on Aramco Ventures, Axon Partners Group, Counteract Active Partial
78 Cella Mineralizes CO2 in rock $3M 1 June 2023 $3M Seed Counteract, Grantham Foundation Active Partial
79 Everest Carbon ERW carbon-removal measurement sensors $3M 1 December 2024 $3M Seed Carbon Removal Partners, Ponderosa Ventures, Carbon Drawdown Initiative Active Full
80 pHathom Technologies Coastal bioenergy carbon storage $3M 1 February 2026 $3M Seed Propeller Ventures, NBIF, Invest Nova Scotia Active Strong
81 Soletair Power Building-integrated direct air capture $3M 3 amount-bearing / 4 reported June 2024 $1M Seed / private equity Halton Ventures, Helkama Kiinteistot, Suffice International Active Partial
82 CyanoCapture Cyanobacteria-based CO2 biomanufacturing $2M 2 November 2023 $0M Seed extension KOMPAS, Desai Ventures Active Strong
83 Silicate Limestone enhanced weathering $2M 1 January 2026 $2M Seed / early equity Not fully disclosed Active Partial
84 Qaptis Vehicle retrofit CO2 capture $1M 1 March 2023 $1M Seed BlackWood, Cargill, Plug and Play Tech Center Active Partial
85 eChemicles Electrolyzes CO2 into chemicals $1M 1 March 2023 $1M Seed Blue Planet Venture Capital Fund Active Strong
86 Homeostasis Converts CO2 into graphite $1M 1 March 2025 $1M Pre-seed Shakopee Mdewakanton Sioux Community, Kayak Ventures, angel investors Active Strong
Market map chart showing top companies and startups in the CCUS market

This market map, featured in our CCUS market deck, highlights top companies and startups in the CCUS market

Key funding trends in the CCUS market

Insights

  • Capital in the CCUS market is highly concentrated, with Climeworks and Twelve together representing about $1.8B in funding and more than half of the highest-quality funding base.
  • The top 10 CCUS startups account for roughly 76% of comparable funding, which shows how quickly investor attention narrows around a small group of scale-up platforms.
  • Direct air capture remains the best-funded CCUS category, with around $1.5B raised across ten specialists and Climeworks alone representing most of that capital.
  • Series A is still the dominant latest-stage label in the dataset, which suggests that many CCUS companies are moving from prototypes into first commercial deployments.
  • Ocean and marine carbon removal remains undercapitalized compared with direct air capture, even though the category includes several credible companies with recent rounds.
  • Strategic investors are unusually visible in CCUS funding rounds, with Chevron, Aramco, Shell, Holcim, Microsoft, Google, and Japan Airlines helping startups access customers, infrastructure, and project sites.
  • The direct air capture funding gap is still large: Heirloom, CarbonCapture, Carbon Engineering, Aircapture, and Spiritus together still trail Climeworks alone.
Google Trends chart showing rising interest in carbon credits

As this chart shows, and as featured in our CCUS market deck, search interest in carbon credits has grown significantly

A few word about our methodology

As you can see, we built a database that ranks startups in the CCUS market based on total cumulative fundraising. To create this ranking, we reviewed many sources and cross-checked information across multiple places.

Whenever possible, we prioritized official company communications, since company announcements are usually the most reliable source for funding amounts in carbon capture, carbon removal, carbon utilization, and storage.

When those were not available, we relied on reputable industry sources such as TechCrunch, Crunchbase, Financial Times or Forbes (to name a few).

We excluded random blogs, unverified websites, and any sources that could not be validated.

When funding rounds were announced in other currencies such as euros, Swiss francs, Singapore dollars, Australian dollars, or rupees, we converted them into approximate USD equivalents for consistency.

Sometimes different sources report slightly different numbers, or the exact round size is not fully disclosed. In those cases, we flag the uncertainty and assign a confidence label to each startup, visible in the last column.

Here is what they mean.

Full confidence: The company’s equity fundraising history can be reconstructed completely from public sources. The rounds, dates, amounts, and key investors are clearly identified, with no meaningful gaps.

Strong confidence: The fundraising history is largely complete and reliable. There may be a small missing detail, such as incomplete investor information or a minor round with limited data, but the overall record is clear.

Partial confidence: The main fundraising rounds can be identified, but the record is incomplete or somewhat mixed. Some rounds may be missing or certain funding events may be difficult to separate clearly.

Low confidence: Public information is too limited, inconsistent, or ambiguous to reliably reconstruct the company’s equity fundraising history.

When the confidence level is too low, we take a conservative approach and exclude the company from the ranking. We don’t want to include data that cannot be reliably verified.

This reflects how we conduct all our research, including the work behind our report covering the CCUS market.

In a world where LLMs hallucinate and unreliable information is everywhere, our goal is simple: provide data you can trust.

If you want the full detail on a specific calculation, feel free to contact us and we will gladly explain.

Finally, know that we update the dataset once per month, so come back here if you need fresh information.

Chart showing why CarbonCure stands out in the CCUS market

This chart, included in our CCUS market deck, shows why CarbonCure stands out in CCUS

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