Pachama Raises $55M in Series B

Pachama has successfully raised $55M in a Series B at a $200M valuation led by Breakthrough Energy Ventures, Lowercarbon Capital, Future Positive Capital, Amazon Climate Pledge Fund.

Company Overview

Pachama is a Climate Tech company headquartered in 548 Market Street, San Francisco, CA 94104, founded in 2018 with 100+ employees.

Forest carbon monitoring platform

Fundraising Details

Amount Raised: $55M
Round Type: Series B
Valuation: $200M
Date: 2024-11-08
Investors: Breakthrough Energy Ventures, Lowercarbon Capital, Future Positive Capital, Amazon Climate Pledge Fund

About Pachama

Forest carbon monitoring platform The company is positioned in the Climate Tech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 548 Market Street, San Francisco, CA 94104
Founded: 2018
Team Size: 100+
Industry: Climate Tech

What This Means

This funding round demonstrates strong investor confidence in Pachama's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Climate Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Pachama's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $200M valuation marks an important milestone for Pachama, positioning the company among notable players in the Climate Tech industry.

Looking Ahead

With this new capital, Pachama is well-positioned to execute on its growth strategy and continue building innovative solutions in the Climate Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-11-08. For more information about Pachama, visit their headquarters at 548 Market Street, San Francisco, CA 94104.