Mati Carbon has won the $50 million Xprize Carbon Removal competition with its enhanced rock weathering method, which effectively locks carbon in soils. The technology uses basalt rock to absorb carbon dioxide and improve soil productivity. Founder Shantanu Agarwal emphasized the potential for this method to benefit around 200 million smallholder farmers globally. The company aims to sell carbon credits at competitive prices, while supporting sustainable farming practices. Mati plans to expand its operations to more countries in the Global South, further promoting its eco-friendly initiatives.