Anthropic joins Frontier carbon removal coalition with $915M

The artificial intelligence company Anthropic has joined Frontier, a major corporate coalition funding carbon removal technologies, and contributed to a new $915 million funding round announced on June 17, 2026. This marks the first dedicated climate commitment for the AI startup and brings Frontier’s total pledged capital to $1.8 billion since its 2022 launch.

Frontier operates as an advance market commitment (AMC), pooling funds from member companies to pre-purchase carbon removal from emerging technology startups. The model is designed to provide the demand signal and financial certainty needed to scale technologies that are currently expensive and unproven at commercial levels. The initiative, originally founded by Stripe, Google, and Shopify, also counts Meta, JPMorgan Chase, and Salesforce among its participants.

The new $915 million tranche, termed the “Growth AMC,” will fund a more focused portfolio. Frontier plans to secure 10 to 15 long-term offtake agreements spanning eight to ten years, with some contracts extending to 2040. The funding will target projects that demonstrate a credible path to reaching gigaton-scale removal-billions of metric tons annually-and...