US Edition$50 million prize funded by Musk foundation goes to Indian carbon-capture company
- XPRIZE awarded Vaulted Deep $8 million in its Carbon Removal competition on April 23, 2025, in Houston.
- XPRIZE launched the competition in 2021 to spur scalable atmospheric and oceanic carbon removal solutions.
- Vaulted's method uses deep geologic injection to store nonhazardous organic waste permanently underground.
- Vaulted Deep demonstrated removing 9,986 net tonnes of carbon during their competition demonstration period.
- This recognition affirms waste infrastructure's role in carbon removal and supports Vaulted's efforts to scale operations.
26 Articles
26 Articles
Elon Musk-backed XPRIZE just doled out $100 million to carbon-removal startups as DOGE cuts funding to science-based agencies
A company that spreads crushed rock on farmers' fields to help draw climate-warming carbon dioxide from the atmosphere has been awarded a $50 million grand prize in a global competition funded by Elon Musk's foundation. Mati Carbon was among more than 1,300 teams from 88 countries that participated in the four-year XPRIZE Carbon Removal competition, launched in 2021 to encourage deployment of carbon-removal technologies. Many scientists believe …
Associated Press News
$50 million prize funded by Musk foundation goes to Indian carbon-capture company
An Indian company that spreads crushed rock on farmers’ fields to draw climate-warming carbon dioxide from the atmosphere has won the $50 million grand prize in a global competition funded by Elon Musk’s foundation.
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