How to make trees better
Summary
Living Carbon has raised a $15 million Series A to advance its work on genetically engineered trees for carbon removal. The company is testing trees designed to photosynthesize more efficiently, grow faster, and store more carbon. It is also exploring traits that slow decomposition and help trees tolerate harsher land conditions. The startup plans to field test its trees and monetize carbon credits rather than selling the trees directly.
Funding
Amount
$15.0M
Total raised
Date
April 15, 2022
Announcement date
Investors
Felicis Ventures, Lowercarbon Capital, Goat Capital, Prelude Ventures
Lead investors
Company
livingcarbon.com
Funded company
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