Stripe’s Carbon Removal Effort Announces First Funding Recipients

Bloomberg News, June 29, 2022

Frontier, a carbon-removal fund backed by major tech companies like Stripe and Alphabet, announced its initial funding recipients in June 2022, providing $2.4 million to six startups developing various carbon capture technologies. These advance market commitments aim to help promising carbon removal companies scale up and create a robust market for these technologies.

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