Vaulted Deep Raises $32 Million for Carbon Removal

Vaulted Deep, a startup focused on biomass carbon removal and storage (BiCRS), has raised $32 million in Series A funding to expand its operations aimed at geologically sequestering organic waste, including biosolids and manure. The funding round, led by Prelude Ventures and supported by several other investors, will enable the company to develop new injection well sites and increase its carbon dioxide removal (CDR) capacity. Vaulted Deep utilizes a proprietary slurry injection technology to bury carbon-rich organic waste deep underground, with the potential for over 10,000 years of permanence. Since launching in late 2023, the company has already delivered over 7,000 tonnes of CDR and signed a $58 million agreement for additional carbon removals between 2024 and 2027. The technology, which parallels oil industry methods, is seen as a faster and more scalable solution compared to other emerging carbon removal technologies. With significant interest from investors and carbon credit buyers, Vaulted aims to address urgent climate challenges while also generating revenue from waste disposal.