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CO280
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Project developer and monitor of carbon negative projects

Founded in 2022
Founded in

Company type Private Public ()
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Industry Group resources & environmental management

Sector environmental monitoring

TRL Range 9
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
TRL Range

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Headquarters Vancouver, BC Vancouver, Canada
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Updated by Cleantech Group on 12/23/2024

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Date Company
05/23/2023

J.P. Morgan J.P. Morgan

JPMorgan Chase signed a ‘Memorandum of Understanding’ (MOU) with CO280 reflecting the firm’s intent to purchase up to 30,000 mtCO₂e of CDR per year for delivery over up to 15 years, for an expected total removal of as much as 450,000 mtCO₂e.

Confirmed by J.P. Morgan

Partnerships
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Date Partner Type
04/03/2024
SLB Capturi SLB Capturi
Aker Carbon Capture and CO280 have partnered to develop large-scale carbon dioxide removal projects.
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Confirmed by SLB Capturi
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IPO INFORMATION

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Description

Date Investors Type Amount
07/22/2024 British Columbia Centre for Innovation and Clean Energy (CICE) British Columbia Centre for Innovation and Clean Energy (CICE) (1)
Post-money valuation of
The funding will be put towards building the world’s first demonstration of carbon capture technology to capture and purify CO2 from a pulp and paper mill recovery boiler. The mill is located on the US Gulf Coast
Grant $1,000,000
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