Heirloom

Mitigating the worst impacts of climate change by developing the world’s most cost-effective CO2 removal technology

General Information
Company Name
Heirloom
Founded Year
2020
Location (Offices)
San Francisco, United States +1
Founders / Decision Makers
Number of Employees
190
Industries
Sustainability
Funding Stage
Series B
Social Media

Heirloom - Company Profile

Heirloom is a company founded in 2020 with the mission of mitigating the worst impacts of climate change through the development of the world’s most cost-effective CO2 removal technology. Their slogan, “Mitigating the worst impacts of climate change by developing the world’s most cost-effective CO2 removal technology,” reflects their dedication to combating global climate issues. Heirloom's focus is on developing Direct Air Capture (DAC) technology to permanently remove CO2 from the atmosphere, using a process that accelerates the natural processes enabling limestone to absorb carbon dioxide from the air from years to days. In 2023, Heirloom achieved a significant milestone by establishing the first and only Direct Air Capture facility in North America that permanently captures CO2. Their notable clientele includes major corporations such as Microsoft, JP Morgan, McKinsey, Stripe, and Shopify, positioning them as a key player in the carbon removal market. The company received a $1.00M grant investment on 22 April 2022, with backing from prominent investors including XPRIZE and the Musk Foundation. This backing indicates industry confidence in Heirloom's technological advancements and their potential to make a significant impact on the fight against climate change.

Taxonomy: direct air capture, carbon mineralization, CO2 removal, climate technology, sustainable technology, carbon sequestration, environmental engineering, carbon offsetting, geoengineering, carbon capture and storage, innovative technology, green technology, climate change mitigation

Funding Rounds & Investors of Heirloom (5)

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Funding Stage Amount No. Investors Investors Date
Series B $150.00M 12 Mitsubishi, Mitsui +2 05 Dec 2024
Grant $1.00M 2 XPRIZE 22 Apr 2022
Series A $53.00M 8 17 Mar 2022
Grant $255.74K - 30 Jun 2021
Seed Round Unknown - 10 May 2021

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