Cultivo Raises $14m in Series A Funding for Nature-based Carbon Projects

The startup uses AI to assess land regeneration potential and channel pre-financing into carbon credit projects.

Cultivo, a startup that helps financial institutions and corporations invest in nature regeneration projects, has raised $14 million in Series A funding.
The startup has developed a platform to channel pre-financing into nature-based carbon credit projects, assessing degraded land and its regeneration potential.
Cultivo uses AI to process vast amounts of data, making forecasts and algorithms more precise, and speeding through the verification and audit process.
The round was led by MassMutual Ventures and Octopus Energy Generation, with the latter also committing up to $40 million in investment into nature projects.
The funding will be used to further develop its platform and deliver its project pipeline to customers.