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Houston clean energy co. wins $50 million at Elon Musk-backed competition

Summary by InnovationMap
Houston-based Mati Carbon has won the $50 million grand prize in the XPRIZE Carbon Removal competition, backed by Elon Musk’s charitable organization, The Musk Foundation.Mati was selected in 2024 as one of 20 global finalists. The company removes carbon through its Enhanced Rock Weathering (ERW) program that works with agricultural farms in Africa and India.The 3-year-old startup accelerates the natural process of rock weathering (ERW) by apply…
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InnovationMap broke the news in on Wednesday, April 30, 2025.
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