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The Carbon Engineering acquisition by Occidental is one more signal that the carbon dioxide elimination (CDR) trade is maturing.
And whereas the trade is comparatively new, a whole bunch of thousands and thousands of {dollars} have been poured into CDR corporations, suggesting extra exits are on the horizon.
As a part of our revamped CDR choices, we’ve collected information on over 550 corporations around the globe that want to seize, retailer, or make the most of carbon in a roundabout way — you may take a look at the public dashboard right here.
Behind the scenes, we’ve additionally been trying into information on CDR traders. So far, we’ve collected data on:
- 177 traders
- 112 funded corporations
- 367 investments
- $4b in funding exercise tracked
Under are some abstract statistics that may assist to place the Carbon Engineering acquisition in wider context.
We see bigger rounds than common in CDR. The hole widens as corporations show out their fashions and get additional into the funding rounds: that is probably on account of CDR being an inherently {hardware} sector, that means economies of scale are more durable to optimize than in software program.
We’ve additionally collected information on over 2,000 patents which can be held by corporations partaking in CDR. Whereas the outcomes are nonetheless preliminary (and liable to be influenced by outliers, given the comparatively small pattern dimension) we see a reasonably sturdy optimistic correlation of 0.57 between variety of patents held and the amount of cash raised.
This is smart — as companies are higher capable of exhibit to traders their aggressive benefit, they develop into extra enticing to potential funders. Carbon Engineering, by our rely, holds 13 patents.
We’ll present extra evaluation on CDR funding within the coming weeks, keep tuned!
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