Terms
- Announced
- 9 Jun 2021
- Instrument
- Equity
- Amount
- US$30.0mReported as first closing of $30 million
- Source
- terraformation.com
Parties
- Project developer
- Terraformation
- Recipient type
- Technology company
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Apollo Projects Lead investor US$30.0m Sole provider: the whole transaction
Carbon
- Pathway
- Afforestation / reforestation
What happened
- Terraformation, a global forest restoration company, announced a first closing of $30 million in funding led by Sam and Max Altman at Apollo Projects, with other institutional and angel investors.
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