Tech Company Financing Transactions
Living Carbon Funding Round
Living Carbon closed a $21 million Series A funding round on 1/17/2023. Investors included Temasek Holdings, Felicis Ventures and Lowercarbon Capital.
Transaction Overview
Company Name
Announced On
1/17/2023
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series A
Investors
Proceeds Purpose
Living Carbon will also use this funding to grow its team and expand its work on bio-engineered climate solutions. In addition to photosynthesis enhancement, the company is developing a trait that enables trees to accumulate higher levels of metals in their roots, naturally slowing decay to increase the duration of carbon storage, produce more durable wood products, and remediate toxic soils.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
Undisclosed
San Francisco, CA 94110
USA
San Francisco, CA 94110
USA
Phone
Undisclosed
Website
Email Address
Overview
We believe the challenge of climate instability is the biggest opportunity for global mobilization we have ever seen. It is an opportunity to learn how to use technology to rebalance our ecosystems rather than further alienate us from them.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Maddie Hall
Chief Technical Officer
Patrick Mellor
Vice President
Yumin Tao
VP - Administration
Laurel Mills
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