"Heirloom has line of sight to profitability at those prices," referring to the projected lowering of carbon capture costs to $200-$300 per metric ton by the early 2030s.
Unlike many other direct air capture (DAC) startups, Heirloom doesn't use a liquid to capture carbon dioxide from the air, but crushed lime derived from limestone.
Heirloom expects industry-wide prices to drop to $200 to $300 per metric ton by the early 2030s, a goal that could make carbon capture viable.
The startup raised $150 million in Series B funding to scale up its carbon-removal technology, supporting efforts against climate change and potential profitability.
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