Summit Carbon Solutions

Summit Carbon Solutions is a climate tech company in AMES, United States, founded in 2021. It has raised $1.0B across 1 round, most recently a $1.0B Growth Equity in March 2025.

Carbon Capture and Transport in the Midwest

Headquarters
AMES, Iowa
Employees
51–200
Founded
2021
Business Model
B2B
Total Funding
$1.0B
Last Round
$1.0B Growth EquityMar 2025
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 3 investors for this company. The full record is or through the API.

About

Summit Carbon Solutions is developing the world's largest carbon capture and storage (CCS) project, building a multi-state underground pipeline system that captures CO2 emissions from ethanol plants across North Dakota, Nebraska, Iowa, Minnesota, and South Dakota and permanently sequesters them approximately one mile below ground in deep geologic formations. The project is designed to capture and store more than 12 million metric tons of CO2 annually — equivalent to removing 2.6 million cars from the road per year — while reducing the carbon footprint of partner biorefineries by up to 50%. Created by Summit Agricultural Group in 2021, the company works with more than 30 ethanol plants and represents a major investment in the long-term competitiveness of Midwest biofuels and rural agricultural communities.

Summary

It lists 51–200 employees. It has raised $1.0B in total across 1 round, most recently a $1.0B Growth Equity round in Mar 2025. Investors include TPG (Growth/Rise), Tiger Infrastructure Partners and SK Innovation E&S.

Tech & App Stack

1 technology or app tracked

Every product and vendor across these categories, with where each signal came from.

Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.

Funding History

Data from Indexed.vcUpdated
Growth EquityGrowth EquityMar 2025
$1.0B

Investors

Similar Companies

Sempra Infrastructure Partners

Sempra Infrastructure develops, builds, operates, and invests in infrastructure serving customers...

San Diego, United States1001–5000Climate Tech
Corporate RoundTotal funding$12.1BSep 2025
Crusoe

AI infrastructure company building renewable-powered data centers and cloud compute optimized for...

Denver, United States201–500Artificial Intelligence, Clean Energy
Series FTotal funding$9.4BSep 2026
CruiseClosed

Self-driving cars.

San Francisco, United States1001–5000Artificial Intelligence, Autonomous Vehicles
Growth EquityTotal funding$6.9BJan 2021
Stegra

Green steel company using hydrogen and renewable electricity to decarbonize steel production. For...

Stockholm, Sweden201–500Clean Tech, Climate Tech
Venture RoundTotal funding$4.6BJun 2026
Energie Baden-WürttembergIPO

EnBW Energie Baden-Württemberg AG is one of Germany's largest integrated energy companies, develo...

Karlsruhe, Germany10001+Climate Tech
Corporate RoundTotal funding$4.6BJul 2025
Generate Capital

Generate is a North American energy platform delivering reliable, affordable, lower-carbon power ...

San Francisco, United States201–500Climate Tech
Growth EquityTotal funding$4.5BJan 2024

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Summit Carbon Solutions on Indexed.vc
<a href="https://indexed.vc/companies/summit-carbon-solutions"><img src="https://indexed.vc/api/badge/company/summit-carbon-solutions" alt="Summit Carbon Solutions on Indexed.vc" width="260" height="76" /></a>