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Carbon Engineering
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Developer of technologies for the capture of carbon dioxide from the atmosphere at industrial scale

Founded in 2009
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Company type Acquired Public ()
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Industry Group materials & chemicals

Sector carbon capture usage & storage (ccus)

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Squamish, BC Squamish, Canada
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Updated by Sunena Gupta at on 03/28/2025

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  • 1 M&A items
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Date Company
08/19/2021

Virgin Atlantic Virgin Atlantic

Companies signed an MOU for Virgin Atlantic to become a customer for Storegga's proposed large-scale UK Direct Air Capture facility. Storegga, with its technical partner Carbon Engineering, are designing a 1 MTPA DAC in North East Scotland.

Confirmed by Virgin Atlantic
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Date Partner Type
11/24/2021
Carbon Removal Carbon Removal
A collaboration together with Oxy Low Carbon Ventures on a proposed facility that could remove between 500,000 to 1 million tonnes of Carbon Dioxide by DAC in Norway.
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Confirmed by Carbon Removal
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Date Investors Type Amount
11/17/2022 Airbus Airbus , Air Canada Air Canada (2)
Post-money valuation of
Funds will support technology development of direct air capture technology.
 Growth Equity $6,750,000
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