Скачать или смотреть Windfall Bio Raises $28 Million Series A Funding

Source: https://www.intelligence360.io/ and https://intelligence360.news/

Windfall Bio, announced today its $28 million Series A funding round led by Prelude Ventures with participation from Amazon’s Climate Pledge Fund, Global Brain, Incite Ventures, and Positive Ventures. Existing investors also participated in the round, including B37 Ventures, Breakthrough Energy Ventures, Mayfield. Supporting its commercial pipeline, the new capital will enable Windfall to expand pilot deployments across methane intensive industries including agriculture, oil and gas, and waste management. Windfall will also invest resources to continue building out its team, manufacturing capacity and supply chain to meet growing global customer demand for methane mitigation solutions. Windfall exited stealth in March 2023 with a $9 million seed raise. The Series A funding brings the company’s total fundraising amount to $37 million and further validates the need and promise for its methane mitigation solution across multiple industries. The Series A builds on several milestones the company achieved in the last year, including building out its executive team and Board of Advisors to support Windfall’s go-to-market strategy and being named one of Fast Company’s Next Big Things in Tech, highlighting its technology as one that will shape the future of methane mitigation.

Founded in 2022 and based in Menlo Park, CA, Windfall Bio's nature-based solution harnesses methane-eating microbes—referred to as mems—that capture methane from any source while also capturing nitrogen from the air to produce organic fertilizer on customers’ sites. For agriculture and industrial customers, mems create value by improving soil health, enabling emissions tracking and reporting, improving resource efficiency, and generating new revenue streams from the sale of organic fertilizer.