# 280 Earth

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/280-earth

- Industry: Environmental Services
- Headquarters: Dalles, US
- Website: www.280.earth/
- Total disclosed funding: $50M
- Latest round: Series B (Sep 13, 2023)
- Investors on record: 2

## About

Founded in 2018 and based in Oregon, US, 280 Earth, Inc. provides environmental services that develops a Direct Air Capture (DAC) system that removes CO2 from the atmosphere to address climate change. John Pimentel (CEO) and Jacques Gagne (CTO) are the co-founders of the company. In September 2023, 280 Earth, Inc. raised USD 50 million in series B funding led by Builders VC, and Alphabet, valuing the company at USD 516.74 million post-money.

The company’s primary is its Direct Air Capture (DAC) system, which is a technology designed to remove CO2 directly from ambient air, addressing the issue of atmospheric carbon. 280 Earth's DAC system offers a solution that captures CO2 and preventing it from contributing further to climate change. Its process includes air intake, adsorption, desorption, storage, and use. In addition to carbon removal, 280 Earth's DAC technology also produces fresh water and operates on waste heat, making it a multifaceted approach to environmental sustainability. 

The organization plans to use the September 2023 funding for the DAC project's development to adhere to critical deadlines for CO2 reduction.

## Funding rounds

- Series B, Sep 13, 2023, $50M — Alphabet, Builders VC

## Investors

- Alphabet — Series B
- Builders VC (https://capitalatlas.ai/funds/builders-vc) — Series B