Strategic investment · Climate tech

Holcim backs 44.01’s carbon mineralisation expansion

The strategic investment builds on the companies’ carbon-storage pilot at Holcim’s Fujairah cement plant.

Holcim announced an investment in 44.01 on 4 November 2026 to support the Omani company’s commercial scaling and international expansion. The amount and financing terms were not disclosed.

44.01 turns captured carbon dioxide into stable carbonate minerals within reactive underground rock formations. The investment builds on a pilot at Holcim’s Fujairah cement plant in the UAE, where the partners are testing storage under industrial conditions.

Use of funds

Commercial scaling

International expansion

Funding history

Strategic investment · This roundUndisclosed
Series A$37M

Sources

  1. Holcim invests in44.01 toadvancecarbonmineralizationstorageholcim.com · Nov 4, 2026
  2. 44.01 carbon removal technology4401.earth