Vaulted Deep is one of the most innovative new entrants to the growing carbon removal industry. Their groundbreaking palate-cleansing new approach to climate change has turned lots of heads. Think of it as a reverse oil company. Vaulted Deep uses new techniques in direct air capture to suck carbon dioxide out of the atmosphere. Microsoft’s company goals are centered around sustainability. Their commitment to Vaulted Deep is an important move towards corporate responsibility in environmental preservation.
In only a few short months since its launch, Vaulted Deep has already removed more than 18,000 metric tons of CO2 from the atmosphere. The company injects this carbon-rich slurry deep underground. There, it injects the carbon-laden slurry into wells specially constructed to safely store carbon waste deep underground. This approach not only adapts to climate impacts, but proactively mitigates the effects of climate change. It helps ensure a more just transition to cleaner energy practices.
Vaulted Deep completed an outstanding accomplishment of being named a finalist in the world-renowned Xprize Carbon competition. This competition challenges innovative solutions focused on reducing carbon emissions. This recognition is a testimony to the innovation and promise Vaulted Deep’s technology brings to the table in solving the global warming crisis.
In November, the company closed a $32 million Series A funding round, led by Prelude Ventures. This new round of capital will help Vaulted Deep scale its operations and continue enhancing its technology. Yet the Microsoft investment adds muscle to these efforts, giving millions in financial backing and credibility to the startup’s mission.
The partnership between Microsoft and Vaulted Deep is indicative of a larger trend among tech giants to pour resources into sustainable projects. Companies are increasingly recognizing the importance of carbon removal technologies in the fight against climate change. Microsoft collaborates with Vaulted Deep to further its environmental agenda. This partnership empowers cutting-edge startups that offer up smart solutions.