Pachama Increases Series B To $64 Million With $9 Million Extension Led By Lowercarbon Capital, T.Capital, And Positive Ventures
Pachama Increases Series B To $64 Million With $9 Million Extension Led By Lowercarbon Capital, T.Capital, And Positive Ventures
12/05/23, 2:08 PM
Location
Round Type
series b
Investors
Ebony Beckwith, Pere Nfra, Ducks Unlimited, Mercado Libre, Pachama, Laura Dern, Ellen De Generes, Serena Williams, Amazon’s Climate Pledge Fund, Breakthrough Energy Ventures, Future Positive, Positive Ventures, Lowercarbon Capital, T.Capital,
Pachama, the technology company on a mission to solve climate change by restoring nature, today announced it extended its Series B round to include an additional $9 million in new equity capital. The extension brings Pachama’s Series B total to $64 million and was participated in by new investor T.Capital, the corporate venture capital arm of Deutsche Telekom (majority owners of T-Mobile US), alongside existing investors Lowercarbon Capital and Positive Ventures. Pachama has now raised $88 million in cumulative funding from the aforementioned investors in addition to Future Positive, Breakthrough Energy Ventures, Amazon’s Climate Pledge Fund, Serena Williams, Ellen DeGeneres, and Laura Dern, among others.