# Living Carbon

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/living-carbon

- Industry: Environmental Services
- Headquarters: Hayward, US
- Website: www.livingcarbon.com
- Total disclosed funding: $36M
- Latest round: Series A (Jan 17, 2023)
- Investors on record: 10

## About

Founded in 2019, and based in California, US, Living Carbon PBC, doing business as Living Carbon, operates as a biotechnology-based public benefit corporation. The company was founded by its CEO, Maddie Hall, and CTO, Patrick Mellor. In February 2022, Living Carbon raised USD 15 million in a series A funding led by new investor Felicis Ventures, with participation from other new investors EQT Corporation, Floodgate, Goat Capital, Homebrew, Lowercarbon Capital, and My Climate Journey Collective. Individual investors also participated in the round.

Living Carbon uses biotechnology to develop and offer a line of tree seedlings with improved photosynthesis for ecosystem restoration, which allows them to grow faster with more carbon capture, grow on degraded land, and absorb metals through their stems and roots to produce durable wood through their metal accumulation trait.

## Funding rounds

- Series A, Jan 17, 2023, $21M — Temasek Holdings, Felicis Ventures, Toyota Ventures, Lowercarbon Capital
- Series A, Feb 23, 2022, $15M — Felicis Ventures, Floodgate, Homebrew, Lowercarbon Capital, Goat Capital, MCJ, EQT Corporation
- Seed, Oct 1, 2020 — Polymath Capital

## Investors

- Polymath Capital (https://capitalatlas.ai/funds/polymath-capital) — Seed
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series A
- Floodgate (https://capitalatlas.ai/funds/floodgate) — Series A
- Homebrew (https://capitalatlas.ai/funds/homebrew) — Series A
- Lowercarbon Capital (https://capitalatlas.ai/funds/lowercarbon-capital) — Series A
- Goat Capital (https://capitalatlas.ai/funds/goat-capital) — Series A
- MCJ (https://capitalatlas.ai/funds/mcj) — Series A
- EQT Corporation — Series A
- Temasek Holdings — Series A
- Toyota Ventures (https://capitalatlas.ai/funds/toyota-ventures) — Series A