Core Insights - 1PointFive has secured a significant agreement with JPMorganChase for the purchase of 50,000 metric tons of carbon dioxide removal (CDR) credits over a period of 10 years, highlighting the growing adoption of carbon removal technologies in achieving sustainability goals [1][3] Company Overview - 1PointFive is a carbon capture, utilization, and sequestration (CCUS) company that aims to mitigate global temperature rise to 1.5°C through various decarbonization solutions, including Direct Air Capture (DAC) technology [5] Technology and Operations - The CDR credits for JPMorganChase will be generated from STRATOS, 1PointFive's inaugural DAC facility located in Texas, which is set to commence operations this year [2] - The captured carbon dioxide will be stored through saline sequestration, contributing to the establishment of a market for high-quality carbon removal credits [3] Strategic Implications - The agreement aligns with JPMorganChase's strategy to address its operational emissions and supports the scaling of carbon removal technologies, indicating a commitment to sustainability [4] - 1PointFive's collaboration with leading organizations like JPMorganChase is expected to drive momentum in the deployment of DAC technology and create economic opportunities in the U.S. [4]

Q1 2025 REPORT PREVIEW The full report is available through the PitchBook Platform. Contents | Agtech landscape | 3 | | --- | --- | | Agtech VC ecosystem market map | 4 | | VC activity | 5 | | Agtech VC deal summary | 24 | Institutional Research Group EMERGING TECH RESEARCH Agtech VC Trends VC activity across the agtech ecosystem Analysis Alex Frederick Senior Research Analyst, Agtech and Foodtech alex.frederick@pitchbook.com Ben Riccio Associate Research Analyst ben.riccio@pitchbook.com Data Harrison Waldo ...

Carba Announces 5-Year Carbon Removal Credit Purchase Agreement with MicrosoftMay 07, 2025 5:24 AM EDT | Source: PlentisoftOakton, Virginia--(Newsfile Corp. - May 7, 2025) - Carba, a Minneapolis, Minnesota carbon removal company, announced an agreement today to deliver 44,000 carbon removal credits to Microsoft over a 5 year period. Carba's novel pyrolysis technology and burial method removes carbon dioxide, storing biochar underground in low-oxygen environments based on a patented, highly eff ...