Your Source for Venture Capital and Private Equity Financings

Venture Capital News: Mast Announces $25 Million in Series B Funding

2025-02-12
SEATTLE, WA, Mast Reforestation, North America's leading post-wildfire reforestation company, announced a $25 million Series B funding round.
Mast Reforestation, North America's leading post-wildfire reforestation company, announced a $25 million Series B funding round to scale its expansion into biomass burial- also known as Biomass Carbon Removal & Storage (BiCRS)- an emerging durable and scalable carbon removal solution that Mast is integrating with its restorative reforestation services.

Co-led by new investor Pulse Fund and existing investor Social Capital with participation from the Series A co-lead Seven Seven Six, the investment accelerates Mast's work to restore forestland lost to high-severity wildfires across the Western United States.

Additional investors in the Series B round include Elemental Impact; Spero Ventures, with Tesla co-founder Marc Tarpenning as board observer; Thistledown Capital; Julius Genachowski, former Chairman of the U.S. Federal Communications Commission, and Resilience Reserve.

Mast also welcomes reinvestment from several investor groups, including LGBTQ+ investors Gaingels, as well as sector-focused Climate Avengers and Climate Capital; and longtime supporters from Mast's beginning days in Techstars, Drone.vc, Asymmetry Ventures and Massive Capital Partners also participated in the round.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors