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Vaulted Deep has secured $32.3 million in Series A funding, led by Prelude Ventures, to expand its biomass-based carbon removal operations across the U.S. This investment will enable the company to increase carbon injection sites, boosting capacity to meet rising demand for scalable carbon storage. With its efficient BiCRS technology, Vaulted Deep aims to set new industry standards for durable carbon sequestration while supporting climate goals.
A Milestone Year: Vaulted Deep’s First Year of Operations and Rapid Growth
Vaulted Deep, a company specializing in biomass carbon removal and storage (BiCRS), marks a significant milestone with its first full year of operations. Launching in late 2023 as a spinoff from an established waste management firm, Vaulted Deep leveraged existing infrastructure and an experienced team to make rapid advancements in carbon dioxide removal (CDR). During its initial year, the company issued over 7,000 tonnes of durable CDR credits, establishing itself as an industry leader in both speed and scale of delivery.
This recent Series A funding round of $32.3 million, led by Prelude Ventures, validates Vaulted Deep’s approach and affirms investor confidence in its mission. The funding marks a critical point in Vaulted Deep’s journey, enabling expanded operations to meet the growing demand for scalable and efficient carbon removal solutions. Other participants in this round included key investors such as Lowercarbon Capital, Earthshot Ventures, and WovenEarth Ventures, who had previously supported the company. New investors like Fall Line Capital and Rethink Impact add further expertise, strengthening Vaulted Deep’s strategy for advancing U.S. carbon removal capabilities.
The $32.3 Million Boost: Strategic Investment and Leading Supporters
The Series A investment of $32.3 million draws support from a mix of new and returning investors. Prelude Ventures, known for its climate-focused investment strategy, spearheaded this funding round. Prelude’s involvement brings capital, strategic guidance, and an established network focused on scaling impactful climate solutions. Lowercarbon Capital, Earthshot Ventures, and WovenEarth Ventures, all of which participated in Vaulted Deep’s seed funding, also renewed their support, signaling strong alignment with the company’s approach and track record.
This funding allows Vaulted Deep to expedite its infrastructure expansion, advancing its plans to bring new carbon injection well sites online across the country. By working with investors who emphasize sustainability and tangible environmental impact, Vaulted Deep can continue to push forward as a durable carbon removal leader, building on the momentum of its first year.
Scaling Carbon Removal: The Technology Behind Vaulted Deep’s Success
Vaulted Deep employs a specialized form of carbon removal called Biomass Carbon Removal and Storage (BiCRS). This technology centers on capturing carbon from organic waste before it reenters the atmosphere and sequestering it permanently in deep geological formations. Unlike conventional carbon capture methods that often require costly installations, Vaulted Deep’s approach utilizes biomass, which naturally absorbs carbon dioxide through photosynthesis.
By converting waste such as biosolids, manure, and agricultural byproducts into a carbon-rich slurry and injecting it into permitted disposal wells, Vaulted Deep achieves long-term carbon sequestration. The process provides additional environmental advantages, including the prevention of methane emissions, reduction of pollutants, and minimization of soil and water contamination. Vaulted Deep’s technology, optimized over years of waste management experience, allows for a high degree of scalability and effectiveness in carbon capture without relying on resource-intensive carbon capture technologies.
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New Frontiers: Expanding Carbon Removal Sites Across the U.S.
With this new round of funding, Vaulted Deep plans to broaden its network of carbon injection sites across multiple U.S. regions. This expansion includes the development of the upcoming Monarch Fields facility, set to become a pivotal asset in Vaulted Deep’s growing infrastructure. By increasing its capacity for carbon injection, the company aims to support nationwide goals for carbon neutrality and meet the heightened demand for durable CDR solutions.
Vaulted Deep’s scalable model allows it to establish multiple sites quickly, leveraging existing industrial waste management expertise. Each new facility is expected to contribute to a significant rise in Vaulted Deep’s carbon removal capacity, helping meet commitments such as a recently signed $58.3 million offtake agreement to remove 152,480 tonnes of CO₂ between 2024 and 2027. These new sites will also serve regional demands, reducing transportation requirements and supporting local climate action efforts.
Meeting Demand and Setting Industry Standards in Carbon Removal
Vaulted Deep’s focus on rapid, durable carbon removal has allowed it to lead the industry in efficient and accountable CDR. Its monthly removal rate, currently surpassing 1,500 tonnes, stands out as the fastest in the sector, a record validated by external tracking sources. This pace enables the company to fulfill high-profile agreements, such as its contract with Frontier, which facilitated a $58.3 million commitment to scale up carbon removal over the next three years.
By setting standards for safety, reliability, and environmental benefits, Vaulted Deep distinguishes itself within the competitive CDR industry. In addition to meeting market demand, Vaulted Deep’s operations uphold a strict adherence to regulatory standards, ensuring that each injection well meets environmental and operational criteria. This disciplined approach not only maintains Vaulted Deep’s credibility but also sets benchmarks for other carbon removal enterprises, positioning the company as a key influencer in the development of CDR protocols and practices.
Paving the Path for a Sustainable Future
Vaulted Deep’s strategic expansion marks a significant step in its mission to become a cornerstone of sustainable carbon removal in the U.S. Its work directly contributes to national and international climate targets, providing effective solutions for long-term carbon storage while offering environmental benefits that go beyond CDR alone. By capturing and storing carbon in a manner that avoids methane emissions and soil contamination, Vaulted Deep supports a comprehensive approach to environmental protection.
As Vaulted Deep continues to build upon its early success, it stands as a promising example of innovation in the CDR sector. With the support of major climate-focused investors and a growing portfolio of sites, the company is positioned to make a lasting impact on the fight against climate change.
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