Kodama Systems Raises $6.6M Series Seed To Accelerate Forest Restoration And Carbon Storage

Dec 15, 2022•almost 3 years ago

Amount Raised

$6.6 Million

Round Type

seed

Sonorapaper & forest productsInformation Technology

Investors

Climate CapitalAlumni VenturesShorewind CapitalCongruent VenturesBreakthrough Energy Ventures

Description

Kodama Systems Inc. (Kodama), an innovator in forest restoration, announced that it has raised $6.6 million in a Series Seed funding round co-led by leading climate-tech investors Breakthrough Energy Ventures and Congruent Ventures. Kodama has additionally received a business development grant from CAL FIRE to develop site connectivity and automation for forest thinning, and a carbon removal R&D grant from Frontier Climate for a biomass storage pilot project in partnership with the Yale Carbon Containment Lab. The combined funding accelerates Kodama's technology development to improve the efficiency of forestry thinning operations and expand markets for woody biomass byproducts.

Company Information

Company

Kodama Systems

Location

Sonora, California, United States

About

Kodama Systems is a technology company transforming the forestry industry with teleoperation and supervised autonomy. With Kodama Autopilot™, a retrofit control system designed for tough environments, machines can be driven from anywhere off project sites, improving safety, reducing costs, and addressing labor challenges across the $100B timber industry. Backed by leading investors and industry partners, Kodama’s solutions offer timberland owners and logging contractors scalable, cost-effective tools for forest management and wildfire mitigation.

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