Lowercarbon Capital has secured $350m to invest in carbon removal startups, with Stripe reportedly among the limited partners.
US-based payment technology provider Stripe has committed financing to cleantech-focused venture capital fund Lowercarbon Capital and joined a consortium agreeing to buy carbon removal technology from startups.
Lowercarbon Capital last week said it had raised $350m to invest in carbon removal startups, with CNBC reporting Stripe as a limited partner.
Stripe has also joined Google parent Alphabet, Facebook owner Meta, e-commerce platform Shopify and consulting firm McKinsey in a commitment to purchase $925m of carbon removal through companies developing technology…
