Pachama

Pachama Increases Series B to $64 Million with $9 Million Extension Led by Lowercarbon Capital, T.Capital, and Positive Ventures

Retrieved on: 
Tuesday, December 5, 2023
Software, Other Natural Resources, Sustainability, Technology, Agriculture, Natural Resources, Artificial Intelligence, Environment, Satellite, Green Technology, Other Technology, Climate Change, Carbon, Mercado Libre, MELI, Research, Climate change, Salesforce, Climate, T-Mobile, Breakthrough Energy, Biodiversity, Growth, AI, Deutsche Telekom, Pachama

The extension brings Pachama’s Series B total to $64 million and was participated in by new investor T.Capital , the corporate venture capital arm of Deutsche Telekom (majority owners of T-Mobile US), alongside existing investors Lowercarbon Capital and Positive Ventures.

Key Points: 
  • The extension brings Pachama’s Series B total to $64 million and was participated in by new investor T.Capital , the corporate venture capital arm of Deutsche Telekom (majority owners of T-Mobile US), alongside existing investors Lowercarbon Capital and Positive Ventures.
  • Pachama has now raised $88 million in cumulative funding from the aforementioned investors in addition to Future Positive, Breakthrough Energy Ventures, Amazon’s Climate Pledge Fund, Serena Williams, Ellen DeGeneres, and Laura Dern, among others.
  • Having led Salesforce’s philanthropic efforts, Beckwith’s experience and counsel will be invaluable as Pachama continues to lead in the climate tech sector.
  • “Pachama has put together a world class team focused on delivering consistently high impact results,” said Pachama board member Ebony Beckwith.

Ducks Unlimited, Pachama, and PERENfra Join Forces to Create High-Quality US-Based Reforestation Project, Flyway Forests

Retrieved on: 
Wednesday, November 8, 2023
Construction & Property, Satellite, Climate Change, Sustainability, Photography, Technology, Philanthropy, Environment, Forest Products, Artificial Intelligence, Agriculture, Natural Resources, Fund Raising, Foundation, Landscape, Software, Science, Intelligence, Global warming potential, Biodiversity, Water, Mississippi River, Recreation, Duck, Carbon, Forest, Tree, Louisiana black bear, DU, Interest, Mississippi embayment, Ducks Unlimited, Partnership, Flyway, Water quality, Pachama, Climate change, Forestry

Flyway Forests will comprise at least 3,000 acres distributed across several private properties in Louisiana, Mississippi, and Arkansas.

Key Points: 
  • Flyway Forests will comprise at least 3,000 acres distributed across several private properties in Louisiana, Mississippi, and Arkansas.
  • Flyway Forests will restore agricultural lands to original bottomland hardwood forests using native tree species adapted for the specific climatic conditions of the Mississippi River Valley.
  • Flyway Forests will benefit local landholders by offering compensation for placing parts of their properties into a permanent conservation easement.
  • We look forward to future collaborations with Ducks Unlimited and Pachama.”
    The Flyway Forests partnership is considering corporate offtake partners to acquire the rights to Flyway Forests’ future carbon credits.

Pachama Announces Major New Forest Carbon Purchase from Mercado Libre's Regenera América program, Bringing Total Investment to $23.7 Million

Retrieved on: 
Thursday, September 21, 2023
Technology, Environmental Health, Electronic Commerce, Artificial Intelligence, Other Natural Resources, Environment, Other Technology, Sustainability, Software, Agriculture, Natural Resources, Green Technology, Satellite, Climate Change, Partnership, Drinking water, Tree, Mercado Libre, Carbon, Forest, Land degradation, Global warming potential, Biodiversity, Climate change, Nature, Nova Floresta, Paraíba, Coffee, Renewable energy, Forestry, Science, Pachama, Amazon

The announcement brings Mercado Libre’s total investment in the program to $23.7 million.

Key Points: 
  • The announcement brings Mercado Libre’s total investment in the program to $23.7 million.
  • “Our partnership with Mercado Libre further enables Pachama to activate high fidelity, nature-based projects that have the full confidence of buyers and meet ambitious carbon dioxide removal goals,” said Dick Cameron, VP of Science at Pachama.
  • The Corredor Campeche project, a conservation effort undertaken in the Mayan Selva, Central America’s largest contiguous forest, that will restore 570 hectares of tropical forest.
  • Expansion of Corredores Pau Brasil, a reforestation project in Bahía state that aims to build an ecological corridor between two national parks.

Pachama Named on the 2023 Global Cleantech 100

Retrieved on: 
Tuesday, January 17, 2023
Climate change, Transport, Entrepreneurship, Machine learning, Environment, Agriculture, Cleantech Group, Carbon, Intelligence, SAN, Food, Renewable energy, Publishing, Pachama

SAN FRANCISCO, California, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Pachama , a technology company with the mission of restoring nature to solve climate change, has been named on Cleantech Group ’s 2023 Global Cleantech 100.

Key Points: 
  • SAN FRANCISCO, California, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Pachama , a technology company with the mission of restoring nature to solve climate change, has been named on Cleantech Group ’s 2023 Global Cleantech 100.
  • The Global Cleantech 100 is an annual list of the most innovative and promising companies that will take us from commitments to actions in our efforts to reach global net zero emissions.
  • Harnessing remote sensing, satellite data, and machine learning, Pachama provides rigorously evaluated projects in its owned marketplace.
  • Download the Global Cleantech 100 complimentary report to learn more about how Pachama is helping to drive the sprint to net zero.

World’s Largest Carbon Program Pilots Digital Measuring of Forest Carbon

Retrieved on: 
Wednesday, November 16, 2022
Carbon, Nature, MRV, Machine learning, Climate change, Natural Resources, VCS, GHG, Forest, Verified Carbon Standard, Ecosystem, High-integrity pressure protection system, PDF, Biodiversity, Renewable energy, Cryptocurrency, Pachama, On verra bien

SHARM-EL-SHEIKH, Egypt, Nov. 16, 2022 (GLOBE NEWSWIRE) -- SHARM-EL-SHEIKH, Egypt, 16 November 2022 | Verra , which operates the worlds largest greenhouse gas (GHG) crediting program, and leading climate-tech company Pachama will pilot a digital measuring, reporting, and verification (DMRV) platform harnessing remote-sensing to measure forest carbon.

Key Points: 
  • SHARM-EL-SHEIKH, Egypt, Nov. 16, 2022 (GLOBE NEWSWIRE) -- SHARM-EL-SHEIKH, Egypt, 16 November 2022 | Verra , which operates the worlds largest greenhouse gas (GHG) crediting program, and leading climate-tech company Pachama will pilot a digital measuring, reporting, and verification (DMRV) platform harnessing remote-sensing to measure forest carbon.
  • This pilot marks a significant milestone in global efforts to increase efficiency, transparency, and integrity in forest carbon projects.
  • Despite recent technological advancements, PDF files, spreadsheets, and hand-based measurements remain the core tools for measuring and verifying forest carbon credits.
  • Verra is a nonprofit organization that runs the worlds leading carbon crediting program, the Verified Carbon Standard (VCS) Program.

Pachama Launches “Originals” to Allow Companies to Invest in Creating New Forests to Remove Carbon Powered by High-Tech

Retrieved on: 
Monday, October 24, 2022
Zero, SAN, Machine learning, MercadoLibre, Forest, Intelligence, Lower Mississippi River, Carbon, Investment, Partnership, Technology, Biodiversity, CEO, Climate, GLOBE, Climate change, CO2, Renewable energy, Pachama

Amidst growing criticism of forest carbon projects, Pachama is expanding its scope to apply its advanced technology earlier in the process.

Key Points: 
  • Amidst growing criticism of forest carbon projects, Pachama is expanding its scope to apply its advanced technology earlier in the process.
  • Pachama is now looking for corporate partners for its high-quality Pachama Originals projects, particularly those interested in derisking climate investment using tech-enabled insights.
  • Through the Pachama Marketplace, responsible companies can confidently invest in high-quality forest conservation projects verified by Pachamas rigorous evaluation process.
  • Pachama Originals are a portfolio of technology-enabled reforestation and forest conservation projects developed by Pachama.

“Regenera America”, Mercado Libre's program that supports biome regeneration and conservation projects in Latin America, will reach U$18 million in 2022

Retrieved on: 
Thursday, June 9, 2022
Pachama, Life, US, Company, MELI, Program, Instituto Global para la Sostenibilidad, Non-governmental organization, ESG, CEO, Partnership, Erosion, Forest, MercadoLibre, Hollywood Storage Center of Thousand Oaks, Environment, Regeneration, Climate, Rio, Solution, Intelligence, Center, Machine learning, Growth, GLOBE, Llanos, Tree, Forestry, Technology, Health, Aquifer, Rehabilitation, NASDAQ, Soil, Mercados Libres Campesinos, Climate change, Carbon, Amazon, Biodiversity, Agriculture, Renewable energy, Nasdaq, Atlantic Forest

MONTEVIDEO, Uruguay, June 09, 2022 (GLOBE NEWSWIRE) -- Aware of the environmental impact and the responsibility to create concrete actions to mitigate it, Mercado Libre reinforces its commitment to grow in harmony with the environment and generate a positive social and environmental impact in the regions where it operates. Through the Regenera América Program, the company will invest U$18 million to support initiatives for the regeneration and conservation of biomes in Latin America.

Key Points: 
  • Through the Regenera Amrica Program, the company will invest U$18 million to support initiatives for the regeneration and conservation of biomes in Latin America.
  • This year, Regenera Amrica will make an additional investment of U$10 million for new projects and the expansion of projects already implemented.
  • In this new edition of the program, four projects in Brazil and one in Mexico have been selected.
  • We are delighted to expand our partnership with Mercado Libre to originate new forest restoration and conservation projects throughout Latin America.

Nature-based carbon credit platform secures $55M in new funding round, led by Future Positive

Retrieved on: 
Thursday, May 5, 2022
Nespresso, Flexport, Ecosystem, Investment, Carbon, Blue Bottle Coffee, GLOBE, Policy, Angel investor, Generation Investment Management, Prevalence, Shopify, Salesforce, Microsoft, Upside Foods, Organization, Internet, Pinterest, Acquisition, Social Capital (venture capital), Beyond Meat, Wuori, Climate change, Biz Stone, LVMH, BEV, Machine learning, NotCo, Intercom, Forest, MercadoLibre, Climate, Breakthrough Energy, Netflix, Solution, Technology, Onfleet, Research, SAN, CEO, Civilization, GHG, Renewable energy, Financial services, Pachama, Nest, Airbnb, Google, SoftBank Group, Belvedere College

Future Positive is a San Francisco-based venture capital firm that invests in companies using innovative technologies to solve the worlds most pressing problems.

Key Points: 
  • Future Positive is a San Francisco-based venture capital firm that invests in companies using innovative technologies to solve the worlds most pressing problems.
  • Fred Blackford, Founder and Managing Partner of Future Positive, said: Scaling carbon markets will play a critical role in our collective ability to decarbonize.
  • Pachama is building the infrastructure to support functioning carbon markets by providing vital transparency and accountability around how carbon credits are issued and transacted.
  • Pachama intends to use the funding to continue building a scientifically rigorous, technology-based approach to forest carbon credit verification to bring quality, integrity, and scale to carbon markets.

Planet Labs PBC Certified As a Carbon Neutral Company

Retrieved on: 
Tuesday, February 1, 2022
Data Management, Technology, Environment, Satellite, Software, Networks, Carbon, Brazil, CEO, Business travel, Food, Private Securities Litigation Reform Act, Register, GHG, Forward-looking statement, Greenhouse gas, PL, Organization, Failure, Climate, Sustainable Development Goal 13, SEC, Capital, PAS, Silent Scope 3, Twitter, AI, Government, Sustainable Development Goals, Forestry, SCS, Adoption, Technology, Intelligence, NASA, Global warming potential, File, Partnership, Professional, Amazon, U.S. Securities and Exchange Commission, Agriculture, Certification, Asia-Pacific Emissions Trading Forum, Transport, Benefit corporation, WRI, Travel, Forest, Education, VCS, Time, Security (finance), New, NYSE, Form, Verified Carbon Standard, Solution, Renewable energy, Planet, Pachama, Planet Labs PBC, SCS Global Services, PLANET LABS PBC, SCS GLOBAL SERVICES

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that as of December 2021, it is officially a carbon neutral company as part of its commitment to sustainability.

Key Points: 
  • Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that as of December 2021, it is officially a carbon neutral company as part of its commitment to sustainability.
  • We applaud Planet on their commitment to carbon neutrality and the work they did to assess and verify their claim ultimately earning carbon neutral certification for their company for 2020.
  • To achieve carbon neutrality, Planet needed to purchase 3,482 tons of verified and retired carbon credits to fully neutralize the total GHGs associated with its 2020 activities.
  • Moving forward, Planet will work towards demonstrating reductions in its emissions in order to maintain its carbon neutral certification.

Ware2Go’s Carbon Offset Shipping Initiative Wins a 2021 “Green Supply Chain Award” from Supply & Demand Chain Executive

Retrieved on: 
Wednesday, January 12, 2022
Supply Chain Management, Online Retail, Retail, Environment, Transport, Logistics, Supply Chain Management, Carbon, The Lock Up (company), Climate Neutral Data Centre Pact, Denton, Technology, Carbon offset, LTL, Carbon dioxide, Forest, Humility, Yoga, 3PL, Partnership, NYSE, CEO, Solution, UPS, Automation, Intelligence, Demand, Goal, Program, CO2, CrossFit, FTL, Online shopping, Supply, Ware2Go, O2, Pachama, WARE2GO, O2, PACHAMA

Ware2Go was honored by SDCE for its Carbon Offset Shipping Initiative , which offsets all carbon dioxide (CO2) emissions from small parcel, LTL, FTL, and air shipments for merchants within the Ware2Go network.

Key Points: 
  • Ware2Go was honored by SDCE for its Carbon Offset Shipping Initiative , which offsets all carbon dioxide (CO2) emissions from small parcel, LTL, FTL, and air shipments for merchants within the Ware2Go network.
  • Ware2Go launched its Carbon Offset Shipping Initiative early in 2021 and, through its partnership with Pachama, has already offset thousands of metric tonnes of carbon.
  • As a leader in the supply chain industry we have a responsibility to enable solutions when it comes to sustainability practices, commented Ware2Go CEO Steve Denton.
  • Ware2Go clients like O2 Recovery view the Carbon Offset Shipping Initiative as an extension of their brand values.