The Carbon Removers has secured nearly £1 million in backing from South of Scotland Enterprise to accelerate its expansion across the UK and Europe, kickstarting a wider fundraising round. Headquartered near Dumfries, the company plans to remove one million tonnes of CO₂ annually by 2030 and aims to generate £1 billion in annual revenue by 2034/35, while supporting Scotland’s transition to net zero. The investment reinforces the South of Scotland’s growing reputation as a hub for innovation, with strong support from government and regional leaders.

The Carbon Removers announced a landmark agreement to permanently sequester 50,000 tons of CO₂ per year in a depleted oil field, 1,800 meters beneath the North Sea seabed.