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Plantd Secures $10M In Series A Funding To Commercialize Carbon Negative Building Materials

Jan 26, 2023almost 3 years ago

Amount Raised

$10 Million

Round Type

series a

DurhamManufacturing

Description

Revolutionary sustainable building materials company Plantd is making waves in the construction industry with the announcement of its $10 million Series A funding round. Led by American Family Ventures, the funding solidifies Plantd's position as a pioneer in carbon-negative building materials.

Company Information

Company

Plantd

Location

1400 E GREER ST.

Durham, North Carolina, United States

About

At Plantd, we believe wood doesn't need to come from trees and that ensuring a path forward for civilization requires carbon-negative materials to reverse the level of atmospheric carbon present today and sustain life, as we know it, on our planet. Starting with the homebuilding industry, we are leading a shift to materials made from renewable grass and building the factory of the future to ensure atmospheric carbon captured in the field is locked away inside the walls and floors of new homes.

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