Funding led by Barclays Climate Ventures (“Barclays”). Shell Ventures, Exascale Fund (“Exa”), Elemental Impact, and Hatch also participated in the round

At EERC’s advanced carbon management facilities, Origen will demonstrate its integrated limestone-based direct air capture (“DAC") solution.

The project is expected to remove up to 50,000 tonnes of carbon per year. The potential offtake includes up to $3 million in advanced carbon removal credits.

Origen has been named by XPRIZE as one of the most promising carbon removal companies in the world.  The XPRIZE Carbon Removal competition revealed a Top 100 list that recognizes the leading innovators in the space. The XPRIZE mission is to build a strong new industry of carbon removal companies that can collectively “Get to Gigatonne-Scale”.  Origen is proud to be one of 9 runner-ups to the Top 20 in the competition, validating the recent significant progress and potential of our limestone-based direct-air-capture (DAC) technology.

2023 was a transformational year for Origen as we took significant steps towards achieving our purpose as a business, namely, bringing forward commercial scale carbon dioxide removal through direct air capture (DAC) services.

Origen is one of several technologies included in a team co-led by Berkeley Lab ('CALDAC'), conducting feasibility studies on an air capture hub in California that prioritizes needs of surrounding communities.