What is Eion?
Founded in 2021 and headquartered in Princeton, New Jersey, Eion operates at the intersection of climate science and industrial engineering. The company specializes in permanent carbon removal technology, utilizing enhanced rock weathering to sequester atmospheric carbon dioxide. By integrating its solutions into existing agricultural and industrial supply chains, Eion offers a scalable, measurable, and permanent alternative to traditional carbon offset programs. Its market position is defined by a commitment to scientific rigor and the development of high-integrity carbon credits that meet the stringent requirements of modern enterprise sustainability mandates.
How much funding has Eion raised?
Eion has raised a total of $15M across 2 funding rounds:
Series A
$12M
Series A
$3M
Series A (2022): $12M with participation from Mercator Partners, Sibelco, AgFunder, Ridgeline Logistics, and Orion
Series A (2024): $3M led by AgFunder, GROWMARK, and Ridgeline
Key Investors in Eion
AgFunder
AgFunder VC is a global venture capital firm focused on advancing agrifood, human, and planetary health through investments in deeptech platforms, including AI, biotech, and robotics.
Mercator Partners
Mercator Partners is a science-driven asset management platform that focuses on investing at the intersection of energy and technology, emphasizing primary research and sustainability metrics.
Sibelco
Sibelco is a global material solutions company specializing in the mining, processing, and distribution of specialty industrial minerals with a strong commitment to circular economy principles.
What's next for Eion?
With this latest infusion of capital, Eion is poised to transition from its initial development phase into a period of rapid industrial scaling. The company is expected to focus on expanding its mineral processing capabilities and strengthening its partnerships within the agricultural sector, where its technology can be most effectively deployed. Strategic priorities likely include the optimization of its carbon-capture verification protocols and the expansion of its footprint across key geographic markets. As the regulatory landscape for carbon markets continues to evolve, Eion's focus on permanent, verifiable sequestration positions it to capture significant market share among corporations seeking to achieve net-zero targets through high-quality, science-backed interventions.
See full Eion company page
