Corporate deal

Frontier facilitates $11M carbon removal purchases for Stripe and Shopify

Frontier has facilitated $11 million in carbon removal purchases for Stripe and Shopify, its largest round to date. The purchases support seven companies: Arbor, Captura, Arca, Carbon To Stone, Cella, CREW, and InPlanet, across various carbon removal pathways. Stripe also provided an additional $500,000 in R&D grants to Kodama Systems and Nitricity. This cycle saw more than double the applications compared to Frontier's first round six months prior, indicating growing interest in diverse carbon removal solutions.

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This summary was written by carbon.fyi from the reporting linked above. It is not a quotation; cite the original source.