What is 1PointFive?
1PointFive operates at the intersection of industrial engineering and environmental sustainability, specializing in the deployment of massive Direct Air Capture (DAC) facilities and geologic sequestration hubs. By providing verified Carbon Dioxide Removal (CDR) credits, the company offers a scalable solution for organizations struggling to mitigate emissions in aviation, manufacturing, and heavy industry. Their business model is built upon the development of world-class infrastructure designed to permanently sequester carbon, effectively bridging the gap between current industrial output and long-term climate goals. Through the integration of advanced capture technology and secure storage capacity, 1PointFive is establishing a foundational layer for the emerging carbon removal market.
How much funding has 1PointFive raised?
1PointFive has raised a total of $36M across 1 funding round:
Unspecified
$36M
Unspecified (2024): $36M with participation from U.S. Department of Energy
Key Investors in 1PointFive
U.S. Department of Energy
The U.S. Department of Energy is a federal agency that formulates national energy policy and supports fundamental research in renewable energy and carbon management technologies.
What's next for 1PointFive?
With this latest infusion of capital, 1PointFive is poised to accelerate the construction of its flagship DAC facilities, which are essential for achieving the economies of scale required to make carbon removal commercially viable. The strategic focus will likely shift toward optimizing sequestration hub operations and expanding the company's portfolio of high-integrity carbon credits. As regulatory frameworks for carbon accounting tighten globally, 1PointFive is well-positioned to capture significant market share by providing the high-quality, verifiable removal services that corporations require to meet their sustainability targets. Future growth will be defined by the successful scaling of these capital-intensive projects and the continued maturation of the global carbon credit marketplace.
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