AI-powered reforestation drone company secures first-of-its-kind funding

📆 3/25/2023 11:00 AM
📰 IntEngineering

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The company is also planning environmental plantings of a 240-hectare project that will capture 160,000 tons of carbon over a 25-year period.

To create a carbon sequestration fund with a maximum investment of $200 million, AirSeed Technologies has teamed up with Conscious Investment Management .

"AirSeed is currently in dialogue with a number of corporate investors who see the same economic and environmental opportunities as CIM. The collaboration will generate significant upfront revenue for AirSeed, and its hyper-productive planting solution will be critical to the project's success, according to the company.

"Launching our Series A funding round will drive AirSeed's delivery of this massive opportunity and continue the transformation of our business," stated Walker.

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