Vibrant Planet, a San Francisco, CA-based creator of the OS for forest restoration, raised $17M in seed funding.
The round was led by Ecosystem Integrity Fund, The Jeremy and Hannelore Grantham Environmental Trust, with participation from Valia Ventures, Earthshot Ventures (a venture fund backed by Emerson Collective, John Doerr, Tom Steyer, Microsoft and others), Elemental Excelerator, Cisco Foundation, Day One Ventures and Halogen Ventures. Angel investors include Meta’s Chief Product Officer Chris Cox and Netflix’s former Chief Product Officer and current Vibrant Planet CPO, Neil Hunt.
The company intends to use the new funding to grow its team with strategic new hires and expand its platform to restore forest resilience across the Western U.S., Europe, and other at-risk forests worldwide.
Led by CEO Allison Wolff and Chief Scientist Dr. Hugh Safford, Vibrant Planet is an operating system that provides organizations, state and federal agencies, and land managers with a comprehensive platform for forest treatment planning, decision support, monitoring and reporting, and investment prioritization. This technology allows multiple stakeholders to collaboratively plan forest health treatments in months rather than years while staying within a target budget and qualifying projects for carbon financing from companies with net zero goals.
Land owners and natural resource managers, organizations, and administrations can:
- Create forest treatment scenarios in real-time, using AI-generated tree-and-house-level data
- Prioritize where and how funding should be used to minimize risk and maximize carbon, water, and biodiversity benefits
- Develop comprehensive treatment plans in collaboration with stakeholders
- Monitor/report on landscape conditions and restoration progress
- Adapt strategies and tactics based on monitoring insights
- Develop verified fire-adapted forest carbon projects that help companies achieve net zero goals
FinSMEs
23/06/2022