Chestnut Carbon
Latest round
- Series B
Last raised
- Feb 2025
Total raised
- $160M
Investors
- 3
About Chestnut Carbon
Founded in 2021 and based in New York, US, Chestnut Carbon, LLC is a forest conservation and reforestation/afforestation company that develops natural carbon offsets. With a total offering of USD 250 million. Kyle Holland is the founder and CEO of the company. In December 2023, Chestnut announced a 15-year carbon offtake agreement with Microsoft, this is an afforestation project certified under the Gold Standard. Chestnut has acquired a total of 21,000 acres for afforestation across four states (up from 8,400 acres in its pilot program). The business has added up to 120 landowners in the Improved Forest Management (IFM) program, spanning nearly 60,000 acres across 23 states., move to capital light). The company's services include reforestation and afforestation, improved forest management, and avoiding conversion. The firm generates forest carbon offsets that are additional, verifiable, and biodiverse to accelerate the path to net-zero across a range of industries. Chestnut Carbon, LLC help in land conservation and carbon project development. Additionally, Phase 2 of the Microsoft agreement is expected to achieve commercial operation date (COD) by end of March 2024. In February 2025, Chestnut Carbon, LLC. With a total offering of USD 250 million.
Who invested in Chestnut Carbon
3 investors across 1 round
See all investors in Chestnut Carbon
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series B
Feb 12, 2025
Amount
$160M
Investors
Questions about Chestnut Carbon
Who invested in Chestnut Carbon?
Chestnut Carbon has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Chestnut Carbon raised?
Chestnut Carbon has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Chestnut Carbon last raise money?
Chestnut Carbon's most recent round on record is a Series B, in Feb 2025.
What does Chestnut Carbon do?
Founded in 2021 and based in New York, US, Chestnut Carbon, LLC is a forest conservation and reforestation/afforestation company that develops natural carbon offsets.
Where is Chestnut Carbon headquartered?
Chestnut Carbon is headquartered in New York, US.
Which VCs invest in companies like Chestnut Carbon?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back environmental services companies at Chestnut Carbon's stage. Their profiles are linked below.
VCs backing environmental services startups at Series B
Raising like Chestnut Carbon? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.