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Startup awarded $50 million for volcanic rock technique with potential to address growing crisis: 'This … is going to go a long way'

Summary by thecooldown.com
What if fighting the changing climate was as easy as spreading dust on a field? Mati Carbon, a startup using crushed volcanic rock to pull carbon from the air and strengthen soil, just won the $50 million Xprize for Carbon Removal, TechCrunch reported. The win is turning heads across the climate tech world. Mati's technology is based on a naturally occurring process called enhanced rock weathering. The company grinds up basalt, a volcanic rock, …

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thecooldown.com broke the news in on Thursday, May 22, 2025.
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