Heirloom Carbon is a Direct Air Capture company founded in 2020 and based in Brisbane, United States. It has raised $203M in total funding, most recently a Series B in 2024.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Dec 4, 2024 | Series B | $150M | — | Future Positive, Lowercarbon Capital |
| Mar 17, 2022 | Series A | $53M | — | Carbon Direct Capital, Ahren Innovation Capital, Breakthrough Energy Ventures |
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A direct air capture system that accelerates the natural weathering of limestone so it absorbs atmospheric CO2 in days rather than years, then heats the carbonate to release a concentrated CO2 stream for permanent storage while regenerating the limestone to capture again. The captured carbon can be mineralized into concrete or injected underground, creating verifiable, durable removal credits. Heirloom operates North America's first commercial DAC facility in Tracy, California, and is scaling a Louisiana plant as part of the DOE-backed Project Cypress hub. Buyers include Microsoft, Stripe, Shopify, and United Airlines.