44.01 is combating climate change by mineralizing carbon dioxide into peridotite, a process that eliminates the captured gas from the atmosphere forever. They work with direct air carbon capture companies, processing their captured carbon underground through a patented procedure. Their procedure involves dissolving the captured carbon dioxide into water, then injecting this carbon-charged water into underground peridotite rock formations. All of this is done with renewable energy. While the process involves high volumes of water, treated water and seawater can be used and recycled indefinitely by the company. The permanency of 44.01's mineralization process separates them from other carbon capture companies. Notably, 44.01 is backed by Breakthrough Energy Ventures, the Bill Gates-founded fund aiming to lead the world to net-zero emissions. They have also been backed by London fintech fund Systema and Apollo Projects. 44.01 currently has partnerships with Mission Zero Technologies, CCS+ Initiative, Unreasonable Impact, and Shopify.

44.01's carbon dioxide mineralization turns a natural process that takes thousands of years into one that takes just two years. Their approach is patented, uses renewable energy, and turns carbon dioxide into the rock that keeps it out of the atmosphere forever. They are a perfect partner for direct air capture companies, giving them a way to discard their sequestered carbon dioxide permanently. It is a safe and scalable process that is already being enacted in peridotite-rich countries like Oman.