We're #hiring a Senior Finance Executive for our global operations based out of New Delhi, India. Apply today or share this post with your network. Exciting opportunity in a fast growing climate-tech startup requiring strong international finance, and modeling skills. https://lnkd.in/grtHXFiu
Mati Carbon
Environmental Services
Mati removes carbon by enhanced weathering enabled by robust scientific MRV with co-benefits to smallholder farmers
About us
Mati is a carbon removal company on a mission to remove 100 million tonnes of carbon dioxide from the atmosphere through Enhanced Rock Weathering while creating agronomic and financial benefits for smallholder farmers in the Global South. Our goal is to positively impact smallholder farmers by enabling improved crop productivity and soil replenishment.
- Website
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https://mati.earth/
External link for Mati Carbon
- Industry
- Environmental Services
- Company size
- 11-50 employees
- Headquarters
- Houston
- Type
- Privately Held
- Founded
- 2022
- Specialties
- Carbon Removals, Climate Change, Enhanced Weathering, Farming Supplements, Crop Productivity, and Robust MRV
Locations
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Primary
Houston, US
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New Delhi, IN
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Raipur, IN
Employees at Mati Carbon
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Ashish Kumar
Impact Investing | Climate | Innovation | Design
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Dr. Rashmi Dikshit
PhD, Lead Microbiologist @ Mati Carbon, Ex. DBT BioCARe Scientist, Inspired by microbes, motivated by technology and driven by COP commitments for…
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Viral Vora
Working on creating a meaningful impact on Climate Change
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ANIKENDRA DAS
--Research Associate, Mati Carbon India Private Limited |Department of Earth Sciences, IIT Kanpur | Low Temperature Isotope Geochemistry | Combating…
Updates
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Our founder Shantanu Agarwal will be part of panel discussion on Climate Philanthropy hosted by our good friends at Wren. Our founder will be joined by Benjamin Stanfield,Wren’s co-founder, Aaren Strand, CFP®, Director of Financial Planning at Avier Wealth Advisors and Sophie Westover, Climate Portfolio Manager at Wren. Date and Time- June 11th, 2024, 10:30 Pm IST (9:00 AM on June 12, 2024 CST) Register here to join in https://lnkd.in/gZVFuhqg
Not long now until I take the stage in our next webinar at Wren! Come join me and incredible speakers Benjamin Stanfield, Aaren Strand, CFP®, and Shantanu Agarwal as we dive into how to: ⏱ Determine the right time to engage in philanthropy 🤝 Select the giving method that makes sense for you 💸 Combine philanthropic impact with tax benefits in the United States 👩💻 Utilize employer matching to scale your contributions I’d love to see you there, and I’ll hang around at the end to answer any questions. If you can’t make it, register anyway to receive the recording on-demand.
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We're thrilled to announce that Mati Carbon has been selected as one of the 24 semifinalists from over 500 applications in the U.S. Department of Energy's Historic Carbon Dioxide Removal Purchase Prize. This marks an important start as the US Government takes a critical lead in creating a market for high-quality carbon removal. See here for the official press release: https://lnkd.in/eF-e2wxh #CDRPurchasePilotPrize
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Mati Carbon is excited to share that we have been selected as one of the top 20 finalists from over 200 participants for the XPRIZE Carbon Removal competition. This prestigious contest, backed by the Musk Foundation, is the largest incentive prize of its kind in history. Thank you to the XPRIZE team and all our partners. We look forward to continue scaling our efforts to remove carbon and support smallholder farmers build climate resiliency. XPRIZE, Noah Planavsky, David J Beerling, Rebecca Neumann, Chris Reinhard, The Schmidt Family Foundation, JLL, Stripe, Shopify, H&M, Wren, U.S. Department of Energy (DOE) , USDA, AirMiners, Carbonfuture, Cascade Climate, CEEZER, Puro.earth, Isometric, Carbon Removal India Alliance (CRIA), Carbon Business Council, The OpenAir Collective https://lnkd.in/gdCeNyqw
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We are excited to share our new brand identity. This new logo is designed to symbolize strength, endurance, and our agricultural focus. The beast of burden is an integral part of livelihood for smallholder farmers across the Global South. As such, the updated logo alludes to our unwavering commitment to the climate resilience of Global South’s farming communities. These smallholder farming communities are our partners and inspiration as we scale Enhanced Rock Weathering (ERW) deployments for Carbon Dioxide Removal (CDR). Learn more at https://www.mati.earth/
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Mati Carbon is pleased to announce that we have been selected by Milkywire as a part of its Climate transformation Fund. This is a significant achievement for us as only 13 applications were selected out of 220 applications globally after rigorous vetting. We thank Robert Höglund and Team Milkywire for selecting us and putting trust in our team. We also thank Klarna, Spotify, BioGaia AB, Atomico ING Future Energy Ventures Steamery, Northzone, Planet A Ventures, Atomico and Mentimeter for taking up climate leadership and supporting us. This support is critical for us as we scale faster in the coming years. You can read more here. https://lnkd.in/g5Ck4nMA https://lnkd.in/eeyp7nbm
Big news! After an extraordinarily competitive selection process, Milkywire has chosen thirteen new carbon dioxide removal suppliers we intend to support through the Climate Transformation Fund in 2024. This year, we reviewed over 220 CDR proposals through our open call, and have chosen suppliers who are pushing the limits of current technology. CDR is crucial, but it's still in the early stages. For CDR this decade is all about figuring out which technologies are the most effective, affordable, and scalable and laying the foundation for an industry that can scale massively in the years to come. Congratulations to: Aquarry, Flux, Mati Carbon, Vycarb, Alkali Earth. Gaia Refinery, Yama (formerly Maia), Ucaneo, Carbon Atlantis, Holocene Solidaridad Network/Planboo, BIOSORRA, PyroCCS - Biochar CDR Solution. These new partnerships include ventures in new geochemical solutions such as Aquarry’s method of using mine pit lakes, novel direct air capture methods as Gaia Refineries mix of biomass removal and DAC, and very scalable biochar technologies increasing the incomes of vulnerable farmers such as in Planboo and Solidaridads project. We are excited to be the first significant buyer for many of these companies. Read about all selected suppliers here: https://lnkd.in/gvmWQtjG Basically all of these startups need more support than we currently can give them to properly try out their solutions at a relevant scale. We need you to pitch in as well. Get in touch, and we will let you know how your company can support the CDR startups in the fund with a pre-purchase or donation. The Climate Transformation Fund aims to support all types of solutions needed for global net zero, including emission reduction, and nature restoration & protection projects. For these categories our 2024 selection is still ongoing. Klarna, the founding donor to the fund, just announced that they are raising their internal carbon fee to $200 per tonne in Scope 1 and 2, while contributing $100 for emissions from business travel and $10 per tonne for the rest of Scope 3. In 2024 they will contribute over $2 million, making their total contribution to projects in the fund $7 million since 2021. The fund is also supported by companies like Spotify, BioGaia AB, Atomico and Mentimeter and has supported 30 projects worldwide since 2021. By the end of this year, we expect to have paid out more than $13 million to over 45 climate projects in total. https://lnkd.in/gvmWQtjG
Expanding carbon removal horizons
milkywire.com
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Team Mati Carbon at ERW24 @Yale University! Shantanu Agarwal Jake Jordan Noah Planavsky Rebecca Neumann
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Mati Carbon is proud to be a part of the #XPRIZECarbonRemoval Top 100 Teams! This is an important milestone and validation of our work. We are excited to scale carbon removal fast and enable climate resilience for smallholder farmers. Read more about the Top 100 team here https://lnkd.in/eVrkQDBa
We’re proud to present the Top 100 #XPRIZECarbonRemoval Teams! 🎉 These Teams represent a new generation of promising solutions across a range of carbon removal pathways. #GettingToGigatonne scale carbon removal will be an essential part of reaching our climate goals. This is one of the most significant grand challenges humanity has ever faced and will require hundreds, if not thousands, of innovative solutions to reach our goal. The Top 100 Teams come from 25 countries around the world and are building first-of-a-kind demonstrations across all carbon removal pathways: air, ocean, land, and rocks. Read more about the Teams here. We’re excited to see them scale up around the world! https://lnkd.in/eVrkQDBa #EarthWeek
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Thank you ImpactAlpha and Ashish Kumar for this wonderful article discussing our work for solving the Adaptation and Resilience Funding gap for Global South.
High-quality carbon removal credits (#CDR) currently form a tiny pie (1.9%) of the ever-in-the-news ~$2bn Voluntary Carbon Markets (VCM), with the #engineeredremovals being a further minuscule 0.12% of that tiny CDR pie (compared to the Nature-based CDRs). However, CDRs' demand far outstrips current supply. And is expected to dominate the future of the maturing VCM. At least that's the consensus among many of the experts. The CDR demand overall is expected to exceed supply at least through 2030, and with average CDR price is projected to hover at $200-$300/ton for several removals technologies for decades. Compare ~$200/ton to ~$7/ton price (averaged; with all-else-being-equal). Of the current average removal vs avoidance credit prices in VCM. Does that give you any new ideas? ⭐ How can we make the most of this demand-driven market dynamics for the high quality CDR credits — unlike the rest of (largely) supply-driven ~97% of the avoidance credits? ⭐And could these price-points have any role to play towards addressing the ~$300bn annual adaptation financing gap in the Global South? I'm glad to author the below ImpactAlpha piece that tries to tackle above questions and features the #AgriTech carbon removals enterprise Mati Carbon — including covering their recent announcement of being the first Global South enterprise using enhanced rock weathering (#ERW) to have actually delivered the CDR tons to their buyers at the Frontier program (Stripe, H&M, Shopify et al). Under the dynamic leadership of ex-Climate Investor and serial entrepreneur Shantanu Agarwal and an impressive team, Mati Carbon is rapidly scaling up and deploying the ERW technology that: 🌍 Sequesters (removes) carbon with >10k years permanence (among the highest of all removal technologies); 🌍 Boosts crop yields and thus income (~20-30%), as well as climate resilience for the smallholder and marginal farmers earning less than $4-$10/day; 🌍 Enhances soil health, fertility and water retention, displaces pesticides and is 'regenerative' in nature; 🌍 Is low-cost compared to other large CapEx heavy removals technologies (e.g. some Direct Air Capture applications etc.); 🌍 Has diverse and wide applicability to various climatic regions and crop value chains across the Global South and Global North. Drop a comment or DM to further discuss market-based disruptive approaches to tackle the massive adaptation and resilience (#A&R) financing gap. Thank you Jessica and ImpactAlpha for helping put up this piece.
How Mati Carbon is using the carbon markets to address farmers' adaptation finance gap and boost their incomes
https://impactalpha.com
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We're #hiring a new Planner/ Analyst (Climate Solutions) in Seoni, Madhya Pradesh. Apply today or share this post with your network.