DroneSeed has raised $36 million in its Series A funding round. The round was led by Social Capital and Seven Seven Six, with participation from new and existing investors.

New investors in this raise include DBL Partners, Tobi Lutke, CEO of Shopify; Resilience Reserve; and Marc Benioff's TIME Ventures. Existing investor Spero Ventures also participated with Marc Tarpenning, the co-founder of Tesla, continuing his role as a board observer.

Additional investors and syndicates include Gaingels with Flight.vc, HBS Lady Angels, Julia Lipton's Awesome People Ventures, and the Coalition angels including Ashley Mayer. This round includes continued participation from prior investors Massive, Drone.vc, and Rob Ness Syndicate

DroneSeed is approved by the FAA to deploy a fleet of heavy-lift drones to reforest after wildfires, enabling healthy forests to grow back. DroneSeed can drop seed vessels within 30 days after a fire, compared to traditional methods which can take years of waiting to replant.