Startup Chestnut Raises $160 Million for Forest Carbon Removal

(Bloomberg) — Startup Chestnut Carbon has raised $160 million to plant, restore and manage trees on degraded farmland, generating carbon credits for customers that include Microsoft Corp.  The company’s goal: Providing high-quality, nature-based credits that sidestep issues that have plagued carbon markets.  The Series B round, led by the Canada Pension Plan Investment Board and Cloverlay […]

​(Bloomberg) — Startup Chestnut Carbon has raised $160 million to plant, restore and manage trees on degraded farmland, generating carbon credits for customers that include Microsoft Corp.  The company’s goal: Providing high-quality, nature-based credits that sidestep issues that have plagued carbon markets.  The Series B round, led by the Canada Pension Plan Investment Board and Cloverlay   (Bloomberg) — Startup Chestnut Carbon has raised $160 million to plant, restore and manage trees on degraded farmland, generating carbon credits for customers that include Microsoft Corp.  The company’s goal: Providing high-quality, nature-based credits that sidestep issues that have plagued carbon markets.  The Series B round, led by the Canada Pension Plan Investment Board and Cloverlay […]