Vibrant Planet, a San Francisco, CA-based, the creator of the OS for forest restoration has announced a $17million seed round.
Ecosystem Integrity Fund led the round, The Jeremy and Hannelore Grantham Environmental Trust, with participation from Valia Ventures, Earth shot Ventures (a venture fund backed by Emerson Collective, John Doerr, Tom Steyer, Microsoft, and others), Elemental Excelerator, Cisco Foundation, Day One Ventures, and Halogen Ventures. Angel investors include two of Silicon Valley’s top platform builders: Meta’s Chief Product Officer Chris Cox and Netflix’s former Chief Product Officer and current Vibrant Planet CPO, Neil Hunt.
The new funding will enable Vibrant Planet to grow its team with strategic new hires and expand its platform to restore forest resilience across the Western U.S., Europe, and other at-risk forests worldwide.
Company: Vibrant Planet
Raised: $17.0M
Round: Seed Round
Founding Month: June 2022
Lead Investors: Ecosystem Integrity Fund
Additional Investors: Valia Ventures, Earth shot Ventures, Emerson Collective, John Doerr, Tom Steyer
Company Website: https://www.vibrantplanet.net/
Software Category: Cloud-based Technology Platform
About Company: Founded in 2020 and Led by CEO Allison Wolff and Chief Scientist Dr. Hugh Safford. Vibrant Planet, a public benefit corporation, harnesses data-driven, cloud-based decision support and monitoring software to help make communities and ecosystems more resilient in the face of climate change. The company’s proprietary technology provides organizations, land managers, and government agencies with a comprehensive platform for treatment planning, monitoring, and financial allocation guidance. Vibrant Planet’s platform works to support net-zero goals through verified projects for carbon financing. Vibrant Planet strives to restore and enhance the ability of natural ecosystems to support essential ecosystem services - like carbon storage, clean water delivery, and biodiversity - by helping planners, policymakers, and investors identify and prioritize investment opportunities and implement management solutions in crucial forest landscapes worldwide.
Source: https://www.webwire.com/ViewPressRel.asp?aId=290863