Musk Foundation

Musk Foundation Grants are made in support of: - Renewable energy research and advocacy - Human space exploration research and advocacy - Pediatric research - Science and engineering education - Development of safe artificial intelligence to benefit humanity

Elon Musk

President and Board Member

14 past transactions

Carbyon

Grant in 2022
Carbyon is a Netherlands-based company that develops direct air capture (DAC) technologies. The company's fuels help to replace fossil hydrocarbons with electrical batteries or hydrogen (H2), alternative energy carriers that are used to store renewable electricity and make major changes to transportation facilities, energy grids, and gas transportation networks, filters CO2 from the air and supply it in a purified form to make kerosene for aircraft, enabling existing fossil industry to re-use and repurpose these storage and transport facilities for renewable hydrocarbons.

Planetary

Grant in 2022
Planetary develops ocean-based carbon removal technology to accelerate the natural carbon cycle. Planetary’s system purifies the mountains of alkaline rock waste left behind by large-scale mining operations, extracting the alkalinity from the rubble and putting it in the ocean, thus accelerating the carbon transition and rebalancing ocean chemistry. Planetary Technologies is on a mission to remove 1 billion tonnes of carbon dioxide from the atmosphere by 2035.

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.

Carbfix

Grant in 2022
Carbfix mission is to become a key instrument in tackling the climate crisis by permanently storing 1 billion tonnes of CO2 as rapidly as possible.

Captura

Grant in 2022
Captura is a Direct Ocean Capture company that develops a carbon capture system to catch scalable carbon from the atmosphere. It develops cost-competitive carbon dioxide capture and sequestration technology to extract it from ocean water to meet the rapidly growing demand in the credit market. Its system combines innovative technology with the natural carbon removal powers of the ocean to remove CO2 from the atmosphere at a large scale and low cost, providing a critical capability in the fight against climate change.
Global Algae Innovations is a biotechnology company specialized in providing algae production technologies.

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 is a leading carbon dioxide removal (CDR) company. Arca accelerates natural process of carbon mineralization, by reacting atmospheric carbon dioxide with ultramafic mine tailings rich in magnesium silicate minerals, such as serpentine and brucite. By leveraging partnerships with mining companies, Arca transforms mine waste into a carbon sink, permanently storing CO₂ as stable carbonate minerals. The company is at the forefront of scaling carbon dioxide removal (CDR) solutions by integrating geochemical expertise, real-time monitoring, and verification methodologies. Arca collaborates with major buyers of carbon removal credits, such as Shopify, Stripe, Watershed and MaRS, and has established formal methodologies for recognizing and quantifying mineralization in voluntary and compliance carbon markets.

Heirloom

Grant in 2022
Heirloom is a provider of direct air capture technology to enhance the natural process of CO2 absorption from the atmosphere. Its technology accelerates limestone's ability to capture carbon dioxide, storing it permanently underground while operating with renewable energy.

Safi Organics

Grant in 2022
Safi Organics provides quality organic fertilizers to farmers.

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.

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.
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