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Program

XPRIZE Carbon Removal

Funds carbon-removal teams demonstrating scalable technology and a path to commercial deployment.

XPRIZE Carbon Removal is the concluded carbon-removal competition in the XPRIZE Foundation's climate portfolio. Funded by the Musk Foundation, it ran from 2021 to 2025 and was billed as the largest global incentive competition award in history.

The purse was $100 million, and the grand prize was awarded on April 23, 2025 to Mati Carbon for enhanced rock weathering on smallholder farms in India. O

Max award$100M
Realistic median
Success rateUnder 5%
Decision time

No upcoming rounds verified. Cadence: One-off.

Last verified: 1 Jun 2026Source: www.xprize.org