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Mombak Secures $17.8M to Plant 8 Million Trees

4/7/2025

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Summary

Story summary

Mombak, a pioneering reforestation startup in Brazil, has raised R$100 million ($17.8 million) from Santander and BNDES, kicking off Brazil’s ambitious R$10 billion New Climate Fund. With plans to plant 8 million trees across 45,000 acres by June, Mombak has also secured $150 million in carbon removal contracts with leading corporations, driving a greener future.

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Story summary

Mombak, a pioneering reforestation startup in Brazil, has raised R$100 million ($17.8 million) from Santander and BNDES, kicking off Brazil’s ambitious R$10 billion New Climate Fund. With plans to plant 8 million trees across 45,000 acres by June, Mombak has also secured $150 million in carbon removal contracts with leading corporations, driving a greener future.