Tree-planting startup Terraformation has just raised $30 million in funding. Founded last year by ex-Reddit CEO Yishan Wo...
Climate change is happening now, and we aren't doing enough to stop it
There's already too much carbon in the atmosphere: we need a scalable carbon removal solution, and we need it this decade.
But carbon capture technology isn't ready.
Our planet requires a solution with simple, proven components, ready to scale at a rate we've never seen before.
Our Earth's natural carbon capture system: forests
Compared with other studied carbon removal systems, native forest ecosystems are the most effective, cheap, and scalable. They pull carbon from the atmosphere, and store it in biomass and soils.
They've undergone millennia of field testing, run on sunlight and water, and come in unique models adapted to nearly every place on Earth.
But human development has destroyed nearly half of the Earth's native forests. Replanting 3B acres of degraded forest land could capture well over 10 gigatons of CO2 every year, making forest restoration the largest natural carbon sink available.
We use hyperscaling growth techniques to make this climate solution a reality.
Forest as a service
Together, we can change our future
Our international team includes top-level Silicon Valley founders and engineers; foresters with decades of field experience; working PhDs in seed banking, botany, soil, carbon monitoring, applied mathematics and robotics; and entrepreneurs who've built businesses from the ground up.
Restoring some of the rarest ecosystems on the planet
Our flagship restoration sites on Hawaiʻi Island prove it's both possible and affordable to restore forests even in degraded and desertified land.
We're using new, scalable solutions to make this happen, including long-term native seed collection, rigorous data collection, and innovative freshwater supply solutions.
Dramatic recent improvements in solar panel efficiency make it possible to purify water with off-the-shelf systems deployed on a mass scale.
We've built the world's largest 100% solar-powered and off-grid desalination system. Our system creates 34,000 gallons of freshwater every day, enough to support thousands of trees.
Our work has been featured in:
Invest in a forestry partner today, and they can capture carbon tomorrow
Forests are a carbon capture solution ready to scale now. Our aim is to support restorationists around the globe to plant the forests we need to reverse climate change.
In addition to our 5 pilot restoration sites on Hawaiʻi Island, we're developing projects in collaboration with local organizations across the globe. Locations include Ecuador, Haiti, India, Tanzania, Uganda, and Ukraine.
We welcome partnerships with any entity committed to native ecosystem restoration, including individuals, communities, non-profits, companies, and governments across the globe.
A carbon capture tech that generates revenue
Unlike most carbon capture tech, forest restoration generates revenue through a variety of products and services. We're building a new industry to accelerate the restoration economy.
Our business model combines these revenue streams to help partners acquire financing and establish profitable, standalone sustainable forestry businesses. These businesses, in turn, support local jobs and economic opportunity.
Global demand for voluntary carbon credits could increase 15x by 2030 and 100x by 2050, expanding revenue opportunities from restoration.
>700M acres committed, and counting
International agreements such as the Bonn Challenge and the African-led Great Green Wall Initiative create a substantial existing market for forest restoration services. In some nations, such as Brazil, laws require private landowners to restore damaged or degraded land.
All told, countries around the world have committed to restore over 700M acres of land.
It's just the beginning.
The benchmarked, time-sensitive nature of these commitments demands a highly scalable approach – Terraformation's greatest strength.
Some existing commitments for restoration around the globe:
We can't do it alone
Cooperation is the key to net zero
In Hawaiʻi, there is a saying: "A‘ohe hana nui ke alu ‘ia," which means "No task is too big when done together by all."
To pull off a global-scale project, we'll need to inspire thousands of forest-first businesses, all rapidly innovating and pushing forward to supercharge the movement.
Our business is built on collaboration, accessibility, and cooperation. There's more than enough work to go around.
Together, we can reverse climate change
What's more audacious than re-growing 3 billion acres of forest to save our planet?
Doing it with everyone else.
Ultimately, solving climate change will not be about technology. It will be about cooperation and scalability.
This is our moment.
Join our $30M Series A
Terraformation raised $5M in Series Seed financing in 2020. Our goal was to create an organization that could immediately deploy tens of millions into planting trees or creating systems to accelerate the planting of trees within a year.
After reaching that goal, we've raised $30M in Series A financing this year prior to our Republic campaign.
Terraformation is a company working for everyone on the planet; and we want as many people as possible to be able to join us in our journey and share in our long-term success.
With this fundraising campaign on Republic, we want to give everyone else the chance to join current investors at the same valuation terms.
Meet our Founder and CEO: Yishan Wong
Yishan Wong founded Terraformation with a vision to bring Silicon Valley's expertise in rapid growth to the climate movement.
He previously served as CEO of Reddit, Director of Engineering at Facebook, and was an early engineer at PayPal.
In 2019, Yishan partnered with forest restoration experts working with some of the rarest dry forest ecosystems in the world to identify key bottlenecks slowing this climate solution.
He founded Terraformation to incubate, inspire, and share solutions to those challenges.