The round was led by MaC Venture Capital, and supported by Soma Capital, Joe Tsai (Co-Founder and Executive Vice Chairman of Alibaba), Revolution's Rise of the Rest Seed Fund, Blue Ivy Ventures and others.

Cambium Carbon uses technology to build local, regenerative wood supply chains. Founded by former Yale School of Forestry & Environmental Studies classmates Ben Christensen, Marisa Repka and Colorado College alum and former Thomas Watson Fellow Theo Hooker, Cambium Carbon is on a mission to bring manufacturing back to our cities, dramatically reducing climate impacts and creating green jobs.