The race to achieve gigaton-scale carbon removal just gained massive financial firepower. Frontier, the elite sustainability coalition launched in 2022 by tech giants Stripe and Google, announced an additional $915 million injection into the sector, while officially adding AI powerhouse Anthropic to its participant ranks.
The data behind the tech-backed climate push:
⚡ The $1.8 Billion Combined War Chest
- Doubling the Bets: This fresh $915 million influx effectively doubles Frontier’s total funding pledges to a massive $1.8 billion.
- De-risking Through Advance Buying: By legally committing to purchase carbon credits in advance, Frontier absorbs the early-stage engineering risk, providing carbon-tech startups with the long-term capital stability needed to scale.
- The Long-Term Horizon: The coalition plans to make 10 to 15 highly focused corporate bets via 8- to 10-year offtake contracts extending all the way out to 2040.
🔬 Targeting Next-Gen Deep Tech Solutions Rather than standard tree-planting, this mega-fund is explicitly targeting high-science, permanent removal technologies that scientists deem critical to offsetting hard-to-abate fossil fuel emissions:
- Direct Air Capture (DAC) & Enhanced Rock Weathering.
- Ocean Alkalinity Enhancement & Biomass-based extraction.
While individual corporate breakdowns were not disclosed, integrating Anthropic alongside Google and Stripe proves that Silicon Valley’s leading AI and cloud infrastructure giants are actively looking to offset the soaring energy footprints of advanced computation through cutting-edge, long-term climate technology.
#Frontier #CarbonRemoval #Anthropic #Google #Stripe #ClimateTech #Sustainability #NetZero #GreenTech #VentureCapital