NEW YORK, NY, Chestnut Carbon, a nature-based carbon removal developer, announced that it has raised $90 million in additional funds for its Series B financing.
Chestnut Carbon, a nature-based carbon removal developer, announced that it has raised $90 million in additional funds for its Series B financing. The incremental funding, from existing equity investor Canada Pension Plan Investment Board, brings Chestnut's total Series B funding to $250 million, up from the $160 million total that was announced earlier this year in which CPP Investments participated.
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