TECH - Sam Altman-Backed Startup Aims To Store Carbon Dioxide In Rocks Shrinking Decades-Long Timeline To 'Single-Digit Months' | Benzinga
A startup backed by Sam Altman‘s Apollo Projects, 44.01 is developing technology to store carbon dioxide in rocks, aiming to mitigate global warming. The Oman-based startup has recently secured $37 million in a Series A funding round to expand its operations internationally.
Why It Matters: The technology being developed by 44.01 could be a game-changer in the fight against climate change. The startup’s method involves injecting a mixture of CO2 and water into peridotite, a naturally fractured rock, which then sequesters the CO2 through carbon mineralization, reported Bloomberg.
Founder and CEO Talal Hasan stated, "Rather than taking decades as it would in nature, it's taking us single-digit months in the subsurface."
The startup aims ...