Tech Coalition Commits $915 Million to Carbon Removal Startups via Frontier
By
Michelle Ma
Warm and crisp on the edges. A bagel with a bit of bite.
Summary
A coalition of major tech companies including Stripe, Alphabet, Anthropic, and Salesforce is committing $915 million through Frontier, a collective that pools funds to purchase carbon removal from startups developing durable climate solutions. Since launching in 2022 with $925 million in backing, Frontier has focused on helping fledgling carbon removal companies scale their operations.
Key quotes
· 2 pulledThe collective, known as Frontier, pools money to buy carbon removal from startups developing durable climate solutions.
Since its launch in 2022 with $925 million in backing, Frontier has sought to help fledgling companies scale up their operations.
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