Heirloom Technologies

Direct Air Capture for carbon removal

San Francisco, California, United States

About Heirloom Technologies

Heirloom Technologies focuses on reducing atmospheric carbon dioxide (CO2) levels through Direct Air Capture technology. This process extracts CO2 from the air and uses limestone to speed up the transformation of CO2 into rock, a process known as carbon mineralization, which can occur in just days. The company sells carbon removal credits, allowing businesses to offset their emissions by representing the permanent removal and safe storage of CO2. Heirloom aims to offer these credits at under $100 per ton of CO2 by 2035, making it a cost-effective option for companies striving for carbon neutrality. Unlike many competitors, Heirloom not only addresses environmental concerns but also contributes to the green economy by creating high-paying jobs in the environmental technology sector. The goal of Heirloom Technologies is to provide an affordable and effective solution for carbon removal while ensuring minimal environmental impact.

San Francisco, CaliforniaHeadquarters
2020Year Founded
$198.4MTotal Funding
SERIES_BCompany Stage
Energy, Social ImpactIndustries
51-200Employees

Benefits

Covered health, dental and vision
Generous parental leave. 16 weeks paid leave for all Heirloom employees, regardless of primary/secondary caregiver status.
Generous stock options
Flexible time off. Unlimited PTO for exempt (salaried) employees & 80 hours for full time non-exempt (hourly) employees.
Stay healthy. Monthly health and wellness reimbursement.
Learn on the job. Robust annual education and conference budget, including airfare and hotel costs.

Risks

Increased competition may reduce Heirloom's market share and pricing power.
Regulatory delays could impede the timely expansion of new facilities.
Fluctuating carbon credit prices might affect Heirloom's financial stability.

Differentiation

Heirloom uses limestone to accelerate carbon mineralization, a unique approach in carbon capture.
Their technology transforms CO2 into rock within days, ensuring permanent carbon removal.
Heirloom offers carbon removal credits, allowing companies to offset emissions affordably.

Upsides

Heirloom secured $150M funding, indicating strong investor confidence and growth potential.
The Louisiana facility will create hundreds of jobs, boosting local economic development.
Government support of up to $600M enhances Heirloom's public-private partnership opportunities.