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Launched by Stripe this spring, Frontier has announced its first six project winners: AspiraDAC (a subsidiary of Corporate Carbon), Calcite-Origen (a collaboration between 8 Rivers and Origen), Lithos, RepAir, Travertine and Living Carbon.

An early-stage start-up is working to enhance Earth’s natural abilities to sequester carbon. Lithos Carbon is a company founded in 2022 that uses an enhanced rock weathering approach to remove carbon from the atmosphere.

A novel approach to carbon removal, a robust scientific background, and a clear path to scale is what Lithos (Greek for “rock”) is all about. The early-stage start-up is working on a promising carbon removal technology, called Enhanced Rock Weathering (ERW), across the US: The process uses natural crushed basalt (the most abundant volcanic rock on earth) as a catalyst for converting atmospheric CO₂ to dissolved inorganic carbon.

Frontier, the nearly $1 billion tech-backed effort to help fund early-stage carbon removal technology, has invested $2.4 million in six companies through its first pre-purchase agreements.

Just months after committing to spend $925 million on carbon dioxide removal, a collection of major tech companies has announced its first purchases. The group, operating under the banner of Frontier, announced it had purchased nearly 2,000 tons of CDR services from five companies. It's a small ripple in the CDR pond, but one Frontier hopes will turn into a wave to bring down the costs of removing carbon.

Spreading rock dust on farmland could suck billions of tonnes of carbon dioxide from the air every year, according to the first detailed global analysis of the technique.