Kodama Systems Raises $6.6M Series Seed To Accelerate Forest Restoration And Carbon Storage
12/15/22, 9:35 PM
Location
caMoney raised
$6.6 million
Industry
human resources
Round Type
seed
Investors
Climate Capital, Alumni Ventures, Shorewind Capital, Congruent Ventures, Breakthrough Energy Ventures
Kodama Systems Inc. (Kodama), an innovator in forest restoration, announced that it has raised $6.6 million in a Series Seed funding round co-led by leading climate-tech investors Breakthrough Energy Ventures and Congruent Ventures. Kodama has additionally received a business development grant from CAL FIRE to develop site connectivity and automation for forest thinning, and a carbon removal R&D grant from Frontier Climate for a biomass storage pilot project in partnership with the Yale Carbon Containment Lab. The combined funding accelerates Kodama's technology development to improve the efficiency of forestry thinning operations and expand markets for woody biomass byproducts.
Company Info
Location
ca, california, united states
Additional Info
Kodama is developing technology to improve climate resilience and carbon storage in forests. We're tackling these problems end-to-end by automating machinery, optimizing on-the-ground operations, and developing new methods to utilize low-value biomass. For more information, visit www.kodama.ai.