Eion puts olivine on agricultural fields to sequester carbon on a massive scale.
AgFunder, Mercator Partners, Ridgeline Ventures, Trailhead Capital.
Eion is an enhanced rock weathering company. They put crushed olivine on agricultural fields which increases the pH (lowers the acidity) as a direct subsitute for aglime. Additionally it permanently sequesters carbon out of the air and turns it into rock. They can sequester up to 1 ton per acre per year depending on the acidity of the field. This is one of the few startups we've seen, not just in ag, but in general, that has the potential to sequester carbon on a massive scale. They have secured a supply agreement with Sibelco, the largest olivine producer in the world. They also joined in the round as an investor.
Prior to founding Eion, Adam was co-founder and CEO of Arable Labs. Before that, he was a Research Scholar and Lecturer at Princeton. He has a PhD in Biology from Stanford.
Prior to founding Eion, Elliot was a postdoctoral researcher at the Lawrence Livermore National Laboratory and at Berkeley. He holds a PhD in Environmental Science, Policy, & Management from Berkeley and a BE in Civil and Environmental Engineering from Princeton.