Thryve.Earth, A platform to scale high-quality Natural Climate Solutions projects has secured $2.6 Million in Funding round led by Openspace. Existing investors, Capital Code, and key strategic angels also invested in the funding round brings the total funding to $3.4 million.
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With the help of this investment round, next-generation-technology-Tools for project design and implementation, as well as risk reduction and efficiency, will be developed. Additionally, it will allow the Thryve.Earth to expand its workforce and explore new markets in Latin America and Asia.
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“Traditionally, nature conservation or restoration efforts have been led by passionate individuals and supported through philanthropy and social responsibility initiatives, But now, we must go beyond isolated lighthouse projects and scale up our actions dramatically,” said Vinayshankar Kulkarni, Co-Founder and Chief Executive Officer, Thryve.Earth.
“As the trajectory of finance accelerates towards a low-carbon economy, carbon markets are emerging as an inevitable cornerstone,” said Jaclyn Seow, Director of environmental, social and governance (ESG) at Openspace.
“At Capital Code, we are inspired by what Thryve.Earth has already accomplished and we are excited about the potential impact their future initiatives can have,” said Harsh Rajpal, Founding Partner, Capital Code.
About Thryve.Earth
Founded in 2022, Thryve.Earth is building a cloud-based platform to deliver and manage Natural Climate Solutions projects. It’s mission is to tech-enable and democratize the development of ‘Natural Climate Solutions’ (NCS) projects to regenerate our planet’s ecosystems.