Wednesday, 29 March 2023

AUSSIE START UP AIRSEED TECHNOLOGIES KICKSTARTS SERIES A RAISE FUND DEAL WORTH UP TO $200M

 


SYDNEY, Mar.27/Medianet International-AsiaNet/--
 
Environmental restoration disruptor, AirSeed Technologies today announced it is partnering with leading impact investment manager Conscious Investment Management (CIM) as it establishes a carbon sequestration fund of up to $200M, one of the largest of its kind. 

AirSeed and CIM expect the restoration and carbon sequestration projects to generate meaningful upfront revenue to AirSeed over the next five years in service provider revenue to conduct planting.

This is AirSeed's first large-scale contract with a leading impact investment manager and will be key to creating one of the largest carbon sequestration funds of its kind. It validates our value proposition for large-scale application of our hyper productive planting solution.

To support this, AirSeed is launching its Series A capital raise to provide additional funds to execute this milestone contract and scale the business to maximise on this transformative opportunity.

http://mrem.bernama.com/viewsm.php?idm=45743

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