INFOGRAPHIC: Top LatAm Startup Funding — Week 51
- Terradot, a Brazilian climate tech, raises $58M in Series A to scale carbon removal efforts
- Brazilian proptech, Trinus, secures $7M to expand operations in the housing market
- MinusSugar, a Brazilian biotech, raises $2.5M to develop sugar extraction technology for juices
- Brazilian fintech Conta Comigo Digital raises $527K in seed round to streamline bill payments
- Stoa, a Brazilian insurtech, raises $327K to digitize insurance management for brokers
Terradot, a Brazilian climate tech, raises $58M in Series A to scale carbon removal efforts
Terradot, a Brazilian-American climate tech startup, has raised $58 million in its Series A round, led by Kleiner Perkins Chairman John Doerr. There was also participation from Microsoft’s Climate Innovation Fund, Google, Cisco Foundation, and notable individuals such as Sheryl Sandberg and Tom Bernthal.
Founded in 2022, Terradot focuses on carbon removal through Enhanced Rock Weathering (ERW), applying silicate rock powder to agricultural soils to capture atmospheric carbon. The company aims to leverage tropical regions where this process is most effective.
With the new funding, Terradot plans to expand its operations, fulfil contracts, and develop software tools to scale its technology globally, building on its ongoing pilot projects in Brazil and partnerships with Google and the Frontier Climate initiative.