Frontier, the carbon removal coalition backed by Stripe, Google, and other tech companies, announced an additional $915 million in funding, bringing its total pledges to $1.8 billion. The group also added Anthropic as a new participant. Frontier uses advance credit purchases to de-risk carbon removal projects and help them scale faster. The new funding will target technologies like ocean alkalinity enhancement, biomass-based removal, enhanced rock weathering, and direct air capture. Frontier says it plans to make 10 to 15 focused bets using eight- to ten-year offtake contracts that extend to 2040. The coalition did not break down individual company contributions. Scientists say carbon removal is critical for offsetting emissions from sectors that still rely on fossil fuels. Frontier's model aims to accelerate these technologies by providing guaranteed demand, though each method carries distinct cost and technology risks.
