Overview

• Mati Carbon secured the $50 million grand prize in the XPRIZE Carbon Removal competition for its enhanced rock weathering technology.
• The company spreads crushed basalt on smallholder farms in India, Zambia, and Tanzania, accelerating natural CO₂ capture while improving soil health and crop yields by up to 70%.
• Mati Carbon uses intensive soil sampling, mass spectrometry, and AI-driven platforms to verify carbon removal and sell carbon credits.
• Plans are underway to expand operations to three additional countries this year, leveraging franchising and nonprofit licensing models to scale in the Global South.
• Runners-up included NetZero ($15M for biochar), Vaulted Deep ($8M for buried biomass), and Undo Carbon ($5M for enhanced rock weathering).