44.01

44.01 is a company founded in 2020 in Oman, dedicated to eliminating carbon dioxide (CO₂) by converting it into rock through a process called mineralization. This process accelerates the natural reaction between CO₂, water, and certain types of rocks, such as peridotite, to form stable carbonate minerals, effectively removing CO₂ from the atmosphere permanently. The technology is designed to be safe, scalable, and cost-effective, with projects that can be implemented quickly and modularly.

The company has successfully raised significant funding, including a recent $37 million Series A round, to further develop and commercialize their technology. 44.01 has completed pilot projects in Oman and the UAE and has been recognized with awards like the Earthshot Prize in 2022 and being named a Top 20 finalist in the XPRIZE Carbon Removal competition. The company’s mission is to provide a durable and scalable solution for global carbon sequestration, helping to combat climate change and support the transition to a sustainable future.