Heirloom

Leveraging the natural power of limestone to remove 1 billion tons of C02 by 2035 using the world’s most cost-effective Direct Air Capture technology.

About

Founded

2020

Headquarters

San Francisco, California

Industry

Climate

Company Description

Naturally occurring minerals - alongside forests, soils, and the ocean - are one of our planet's most vital carbon sinks. Over geological timescales, carbon dioxide in the air and water chemically bind to these minerals and permanently turn to stone. Our technology enhances this natural process, called carbon mineralization, to help minerals absorb CO2 from the ambient air in days, rather than years. By combining the best of engineering and nature, we can offer the most cost-effective and scalable Direct Air Capture solution in the world.

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Funding

Total Raised

$54.3 million

Valuation

Undisclosed

Significant Investors

Carbon Direct Capital Management, Ahren Innovation Capital, Breakthrough Energy Ventures, Lowercarbon Capital, The Microsoft Climate Innovation Fund

Company Traction

  • As of June 2023, Heirloom claims its carbon removal credits will cost less than $100 per ton of CO2 by 2035.
  • As of June 2023, Heirloom claims its facilities can remove 50 tons of CO2 per square meter.
  • Heirloom customers include Stripe, Microsoft, Klarna, Shopify, Milkywire, Wise, Carbon Direct, Sourceful, and Verdane.

Leadership Team

  • Shashank Samala: Co-Founder & CEO of Heirloom. Former Co-Founder & VP of Product at Tempo Automation.
  • Noah McQueen: Co-Founder & Head of Research of Heirloom. Former Graduate Research Assistant at the University of Pennsylvania.
  • Andy Dubel: Head of Engineering at Heirloom. Former Director of Automation Controls Engineering at Plenty.
  • Max Scholten: Head of Commercialization at Heirloom. Former Product Manager at Nuro.
  • Alexa Dennett: Head of Marketing and Communications at Heirloom. Former Head of Marketing and Communications at Wing. 

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