Stripe announced today that they added six new companies to their carbon removal portfolio. Readers of this site will be familiar with Running Tide, as this is one of the six.
Here is the full list of companies being added:
- CarbonBuilt
- Heirloom
- Seachange
- Mission Zero
- The Future Forest Company
- Running Tide
Stripe is providing $2.75M to these companies, and up to $5.25M if certain goals are met. Stripe is one of the few tech companies enabling their customers to reduce carbon emissions through a core feature of their product, helping enable a market for carbon offsets.