Iceland
Carbfix, founded in 2006 and headquartered in Iceland, has emerged as a pioneer in the Sustainability industry by addressing the climate crisis with its innovative technology. Their unique process captures CO₂ emissions and transforms them into stone underground within two years, providing a natural and permanent storage solution.
The company’s mission is not only ambitious but highly relevant in today’s global effort to reduce CO₂ emissions. Their method has the potential to significantly impact the fight against climate change by offering a scalable solution to carbon capture and storage.
In terms of financial backing, Carbfix received a significant investment of $117.00M through a grant from the European Innovation Fund on July 12, 2022. This substantial support suggests strong confidence from major institutional investors in the company’s technology and its potential for wide-scale adoption.
