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Venture Capital News: Vibrant Planet Receives $17M Seed Financing

2022-06-23
SAN FRANCISCO, CA, Vibrant Planet, the creator of the OS for forest restoration, launched today and announced a $17 million seed round.
The financing was led by Ecosystem Integrity Fund, The Jeremy and Hannelore Grantham Environmental Trust, with participation from Valia Ventures, Earthshot 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.

Founded in 2020, 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.
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