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Indian American’s carbon removal company awarded $50 million by Musk Foundation
The company, Mati Carbon, has developed a scientifically rigorous approach to monitoring and verification, and excelled across each of XPRIZE’s evaluation criteria.
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Nandika Chand - Fri, 25, Apr 2025
- 03:41 EDT
- 99
Mati Carbon logo. / Mati Carbon
Shantanu Agarwal’s Mati Carbon, a carbon removal company that strives to improve income and climate resilience of smallholder farmers in a warming world, especially in India and Africa, has won the $50 million grand prize of the XPRIZE Carbon Removal competition.
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