Company
Direct air capture company acquired by Occidental Petroleum
Squamish, OS
Every investor coverage indicates participated in a round Carbon Engineering raised.
The transaction that ended Carbon Engineering's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Occidental Petroleum | Acquisition | Aug 2023 | $1.1b | Square Peg Capital, Crunchbase News |
Companies Carbon Engineering acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Carbon Engineering. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Square Peg partners discuss climate tech investing at the firm's AGM: venture's role, regulation, energy cost tailwinds, and startups they flag such as Tomorrow.io, Vow, Neara and Amber; also recalls Occidental buying Carbon Engineering.
Also Crunchbase News
Crunchbase News surveys recently funded carbon removal startups storing CO2 in oceans, soil, underground and concrete, and notes large carbon-capture acquisitions by oil and gas buyers.
Also AgFunderNews