New CDR Funding Streams Emerge
Carbon Removal Newsroom
Is a Billion Dollar Ocean CDR Company Really Coming to Fruition?
A billion dollar valuation is sort of the benchmark that VCs are looking for. I would say that like, it's really tough because we're talking about, you know, who's the customer? The customer is probably going to be governments, other large technology incumbents such as Siemens or Merck. It's not going to be easy to sell to Merck or to Siemens or to Singapore. But if you invest at the right price and you're early and de-risked... Not every company has to hit a billion dollar valuation"
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