Terms
- Announced
- 30 Apr 2021
- Instrument
- Equity
- Amount
- US$15.0mReported as $15 million Series A
- Source
- techcrunch.com
Parties
- Project developer
- Pachama
- Recipient type
- Marketplace
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Breakthrough Energy Ventures Lead investor US$2.50m Estimated: an even share, 1 of 6 Amazon Climate Pledge Fund Investor US$2.50m Estimated: an even share, 1 of 6 Saltwater Investor US$2.50m Estimated: an even share, 1 of 6 MCJ Collective Investor US$2.50m Estimated: an even share, 1 of 6 OATV Investor US$2.50m Estimated: an even share, 1 of 6 Lowercarbon Capital Investor US$2.50m Estimated: an even share, 1 of 6
Carbon
- Pathway
- Carbon market infrastructure
- Project type as recorded
- Nature-based credit marketplace with remote-sensing verification
What happened
- Pachama, the nature-based carbon credit marketplace and verification company, raised US$15 million in a Series A led by Breakthrough Energy Ventures, with Amazon's Climate Pledge Fund, Saltwater, MCJ Collective, OATV, Lowercarbon Capital and angel investors, reported by TechCrunch on 30 April 2021.
Kumo note
- - Pachama's first institutional round, led by Breakthrough Energy Ventures, brought in Lowercarbon alongside Amazon's Climate Pledge Fund, a pattern Lowercarbon repeated in Pachama's later extension.
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