Mombak seeks $150 million to expand bet in the Amazon
A Mombak, uma startup especializada em créditos de carbono a partir da restauração de áreas degradadas na Amazônia, disse que fez o primeiro closing de seu segundo fundo, que busca captar US$ 150 milhões. A empresa não divulgou o nome do investidor nem o montante captado. O novo fundo acaba de contrair também uma linha […] The post Mombak busca US$ 150 milhões para ampliar aposta na Amazônia…
Mombak, a startup focused on carbon credits through Amazon rainforest restoration, has completed the first closing of its second fund, aiming to raise $150 million. The company secured a R$ 200 million credit line from BNDES at 2.3% interest per annum. Mombak's first fund raised $120 million, financing the restoration of 27,000 hectares in Pará and planting nearly 15 million trees of over 100 species.
The startup aims to increase productivity and predictability of carbon credit generation, having recently issued credits to buyers like Google and McKinsey.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
