Home Crowdfunding The CDR Funding Panorama. As Occidental buys Carbon Engineering… | by Anton Root | AlliedOffsets | Aug, 2023

The CDR Funding Panorama. As Occidental buys Carbon Engineering… | by Anton Root | AlliedOffsets | Aug, 2023

0
The CDR Funding Panorama. As Occidental buys Carbon Engineering… | by Anton Root | AlliedOffsets | Aug, 2023

[ad_1]

The Carbon Engineering acquisition by Occidental is yet one more signal that the carbon dioxide removing (CDR) trade is maturing.

And whereas the trade is comparatively new, a whole lot of thousands and thousands of {dollars} have been poured into CDR firms, suggesting extra exits are on the horizon.

As a part of our revamped CDR choices, we’ve collected information on over 550 firms world wide that wish to seize, retailer, or make the most of carbon indirectly — you possibly can take a look at the public dashboard right here.

Behind the scenes, we’ve additionally been trying into information on CDR buyers. Up to now, we’ve collected data on:

  • 177 buyers
  • 112 funded firms
  • 367 investments
  • $4b in funding exercise tracked

Beneath are some abstract statistics that may assist to place the Carbon Engineering acquisition in wider context.

We see bigger rounds than common in CDR. The hole widens as firms show out their fashions and get additional into the funding rounds: that is possible attributable to CDR being an inherently {hardware} sector, which means economies of scale are tougher to optimize than in software program.

We’ve additionally collected information on over 2,000 patents which can be held by firms partaking in CDR. Whereas the outcomes are nonetheless preliminary (and vulnerable to be influenced by outliers, given the comparatively small pattern measurement) we see a reasonably sturdy optimistic correlation of 0.57 between variety of patents held and the amount of cash raised.

This is sensible — as companies are higher in a position to exhibit to buyers their aggressive benefit, they grow to be extra engaging to potential funders. Carbon Engineering, by our depend, holds 13 patents.

We’ll present extra evaluation on CDR funding within the coming weeks, keep tuned!

[ad_2]

LEAVE A REPLY

Please enter your comment!
Please enter your name here