It virtually sounds too good to be true: Take basalt mud that at this time is wasted within the manufacturing of issues like asphalt shingles, sprinkle it on farmers’ fields, and it raises crop yields whereas additionally eradicating carbon dioxide from the environment.
The place’s the catch?
For all the factor to work, farmers want so as to add simply the correct amount of basalt. Too little and so they don’t seize a lot carbon and their crops don’t see any advantages. An excessive amount of and the sphere may find yourself releasing carbon as an alternative of eradicating it. Soils are advanced programs.
The crew at Lithos Carbon thinks they’ve cracked the code. They’re working with farmers within the U.S. Midwest and Southeast, the place they’ve already captured over 2,000 tons of carbon this yr.
The startup simply introduced a $6.3 million seed spherical led by Union Sq. Ventures and Greylock Companions with participation from Bain Capital Ventures, Carbon Elimination Companions, the Carbon Drawdown Initiative, Fall Line Capital and Cavallo Ventures. For Greylock and Bain, it’s their first local weather funding.
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