Climate Vault is a non-profit startup dedicated to reducing and removing CO2 emissions by harnessing the power of compliance markets. Founded in 2020, the company aims to combat climate change by supporting innovation in carbon removal technologies while significantly reducing CO2 levels. Through the purchase and vaulting of carbon permits, Climate Vault effectively prevents CO2 from entering the atmosphere. Moreover, the company provides grants to foster the development of viable carbon dioxide removal (CDR) technologies at scale. In its latest funding round, Climate Vault secured a substantial $9.40M investment from notable investors including King Philanthropies, ThirdStream Partners, Inclusive Capital Partners, and Valor Siren Ventures on April 4, 2023. The support from these industry-leading investors underscores the importance of Climate Vault's not-for-profit solution in facilitating a verifiable, transparent, and impactful carbon reduction strategy. As a part of their activities, the company provides updates on its annual CDR grant, thought leadership on carbon markets, and insights into its initiatives through its LinkedIn showcase page. Climate Vault's innovative approach and strong backing demonstrate its potential to drive meaningful change in addressing the critical issue of climate change.
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