Biomass burial developer lands $35M in debt to scale US buildout

What's the deal? A US-based developer of biomass burial projects has secured $35 million in debt financing to expand its footprint nationwide. The raise, announced in September 2026, is backed by long-term carbon removal purchase contracts.

What's the endgame? The company buries biomass to lock away the carbon it contains, keeping it from decomposing and releasing emissions. The new capital funds a national buildout of these projects.

Why now? Debt tied to long-term offtake contracts signals that buyers are committing to carbon removal well into the future — giving lenders the revenue visibility they need to fund physical infrastructure.

The signal: Durable carbon removal developers are increasingly turning to debt, not just equity, to scale. Contracted demand is starting to make these projects bankable — a shift that could accelerate buildout across the sector.

Read more: carbon-pulse.com