Kodama Systems, a Sonora, CA-based forest restoration company, raised $6.6M in Seed funding.
The round was co-led by Breakthrough Energy Ventures and Congruent Ventures, with participation from Shorewind Capital, MCJ Collective, Alumni Ventures, Climate Capital, and Tahoe Fund.
The company intends to use the funds to accelerate its technology development to improve the efficiency of forestry thinning operations and expand markets for woody biomass byproducts.
Led by CEO Merritt Jenkins, Kodama Systems is developing technology to improve climate resilience and carbon storage in forests. The company is tackling these problems by automating machinery, optimizing on-the-ground operations, and developing new methods to utilize low-value biomass.
FinSMEs
16/12/2022