The round was co-led by AgFunder and Ridgeline, along with participation from a broad coalition of strategic climate, ag tech, financial and impact investors, as well as upstream mineral supplier Sibelco. New and returning investors also include Carbon Removal Partners, Mercator Partners, Orion, Overture, SLVC and Trailhead Capital.

Eion is a carbon removal technology company that offers a scientifically proven, permanent, cost-effective, scalable and nature-based solution for carbon removal and provides a simple way for farmers to capture and permanently remove carbon. Using pulverized minerals to absorb carbon dioxide from ambient air, Eion's CarbonLock™ technology can be deployed to agricultural lands and provides a shovel-ready climate-smart solution for U.S. agriculture and its farmers.