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Chestnut Carbon Lands $160M to Boost Afforestation Efforts

2/13/2025

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Story summary
  • Chestnut Carbon has secured an impressive $160 million in Series B funding to supercharge its afforestation initiatives across 35,000 acres in the southeastern U.S. This investment aims to capture a staggering 100 million tons of carbon, bolstered by a landmark 25-year partnership with Microsoft for 7 million carbon credits, paving the way for a greener future.