Company Name: Cultivo
Location: Pleasanton, CA
Sector: AI-Driven Natural Capital Investment
Funding Details: Raised $14M in Series A funding, increasing total funding to $20M. The round was led by MassMutual Ventures and Octopus Energy Generation, with participation from Salkantay Ventures and Peña Verde.
Purpose of Investment: To enhance its AI-driven science and technology platform.
Leadership: CEO Dr. Manuel Piñuela
Product: Cultivo offers an AI-driven platform for origination and mobilization of capital into land regeneration projects. These projects focus on carbon removal, biodiversity enhancement, and improved water storage. The platform is designed to be fair and equitable for local communities and land stewards, in partnership with NGOs and land partners.
About Company: Cultivo, a public benefit corporation led by Dr. Manuel Piñuela, is committed to accelerating investment in nature regeneration at scale. The company utilizes its AI-driven platform to empower the value of natural capital, supporting significant land regeneration projects.
- Pipeline of nature-based carbon removal projects exceeding 100 million hectares.
- Partnership with Octopus Energy Generation for deploying up to $40M into natural capital projects across North America, Europe, and Australasia.
CEO’s Vision: Manuel Piñuela emphasizes the growing recognition of natural capital investment opportunities and the necessity for high-quality carbon removal credits. The funding will accelerate the development of Cultivo’s platform and the execution of their extensive project pipeline.