Musk Foundation

The Musk Foundation, established in 2002 and based in Palo Alto, California, is dedicated to supporting various philanthropic initiatives. Its focus areas include renewable energy research and advocacy, human space exploration research, pediatric research, and the promotion of science and engineering education. Additionally, the foundation aims to foster the development of safe artificial intelligence that benefits humanity. Through its grants, the Musk Foundation seeks to make a positive impact in these critical sectors.

Elon Musk

President and Board Member

14 past transactions

Carbyon

Grant in 2022
Developer of direct air capture (DAC) technology designed to capture carbon dioxide (CO2) directly from ambient air. The company's 'fast-swing' technology filters CO2 and supplies it in purified form for uses such as producing kerosene for aircraft, enabling the fossil industry to repurpose storage and transport facilities for renewable hydrocarbons and support alternative energy carriers like batteries and hydrogen (H2).

Planetary

Grant in 2022
Planetary Hydrogen Inc. produces pure hydrogen from renewable electricity. The company produces hydrogen through Planetary Hydrogen Ocean Air Capture (OAC) technology and SeaOH2 process, which converts renewable electricity and mineral salt into hydrogen and carbon dioxide. It also provides carbon dioxide storage services. The company was incorporated in 2019 and is headquartered in Gatineau, Canada.

Takachar

Grant in 2022
Takachar creates a network of waste management enterprises in Kenya that turn unmanaged agricultural residues into charcoal, a low-cost, non-toxic, and eco-friendly cooking fuel for low-income households. They have developed a series of low-cost (US$20), locally manufacturable technologies to enable waste-to-char conversion, which has been tested and refined in Kenya for the past 3 years. Since 2011, They have set up or directly helped 7 nascent and locally run waste-to-charcoal enterprises in Kenya, some of which have since even demonstrated operational profitability and paying customers. So far they have created about 100 jobs and sold 50 tons of eco-char. Moving forward, they are trying to prove the long-term financial viability of these enterprises, which, if successful, will be the basis of a franchise network.

PlantVillage

Grant in 2022
PlantVillage has developed a triple-A model (Algorithmic Agricultural Advice) that works to increase the yield and profitability for millions of farmers.

Bioeconomy Institute

Grant in 2022
Bioeconomy Institute society obtains renewable fuel, energy, chemicals, and materials from agricultural sources.

Captura

Grant in 2022
Captura is a company focused on developing scalable carbon capture technology aimed at addressing climate change. It specializes in a system that captures carbon dioxide from the atmosphere through ocean capture methods. By utilizing renewable electricity and ocean water, Captura’s technology is designed to be cost-competitive and environmentally friendly, producing no harmful by-products. This innovative approach positions the company to meet the increasing demand for carbon credits in the market, contributing to a sustainable future by enabling businesses to effectively capture and sequester carbon dioxide.

Sustaera

Grant in 2022
Sustaera offers a direct air capture solution that works ranging from open grasslands to arid deserts to tropical savannas. The company was founded in 2021 and is headquartered in Cary, North Carolina, United States.

Verdox

Grant in 2022
Verdox is dedicated to reversing climate change through the development and deployment of advanced technology. The company’s proprietary electro-swing process, developed at MIT, enables carbon dioxide and other acid gases to be captured with up to 80% less energy and 70% less cost than conventional approaches.

Arca Climate

Grant in 2022
Carbin Minerals unlock the enormous carbon dioxide removal potential of mine waste.

Heirloom

Grant in 2022
Heirloom is focused on developing innovative carbon capture and utilization technology to address climate change by capturing atmospheric carbon dioxide. The company utilizes a mineralization process known as enhanced weathering, which aims to remove one billion tons of carbon dioxide from the atmosphere. By deploying its Direct Air Capture solution at a gigaton scale, Heirloom facilitates the restoration of the atmosphere through natural processes, while minimizing secondary impacts and reducing extraction needs. This approach positions Heirloom as a leader in the effort to mitigate climate change through effective carbon dioxide removal strategies.

Project Hajar

Grant in 2022
Project Hajar is an integrated direct air capture and mineralization (DACM) project by MZT and 44.01, situated in Oman.

Safi Organics

Grant in 2022
Safi Organics specializes in producing organic fertilizers designed to enhance agricultural yields for rural farmers. The company utilizes a carbon-negative approach by converting locally sourced agricultural waste into fertilizers through proprietary low-cost, decentralized biomass conversion reactors. This innovative process not only increases farmers' productivity and income but also addresses environmental concerns by reducing waste and mitigating pollution linked to traditional waste burning practices. By providing quality organic fertilizers, Safi Organics supports sustainable farming and promotes environmental stewardship in the agricultural sector.
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