At Funga, we use the forest fungal microbiome to improve forestry outcomes and address the climate crisis while enhancing beneficial microbial biodiversity. We combine modern DNA sequencing and machine learning technology with breakthrough research on the forest microbiome to put the right native, biodiverse communities of mycorrhizal fungi in the right place. This leads to more quality wood created more quickly, more carbon sequestered, and more resilient forest ecologies.
Employees: 1-10
Total raised: $4M
Founded date: 2021
Investors 1
| Date | Name | Website |
| - | Trailhead ... | trailheadc... |
Funding Rounds 1
| Date | Series | Amount | Investors | Deal News |
| 15.02.2023 | Seed | $4M | Shared Fut... | finsmes.co... |
Mentions in press and media 6
| Date | Title | Description | Source |
| 19.09.2023 | VC firm Superorganism takes eco-investing to next level | The firm invests in early-stage startups combating loss of biodiversity Invasive species, destructi... | vator.tv/n... |
| 13.07.2023 | An ambitious climate fund aims to break the mold | A $239 million climate tech investment fund brings an atypical structure — and ambitious goals — to ... | axios.com/... |
| 16.02.2023 | The Week in AgriFoodTech: GrainChain raises $29m, Brigad bag... | This week, US-based GrainChain announced a $29 million raise for its ag supply chain platform, and h... | agfunderne... |
| 15.02.2023 | Funga wants to accelerate carbon capture using belowground f... | Funga claims to be the first nature-based carbon removal to be powered by belowground biodiversity r... | techcrunch... |
| 15.02.2023 | Funga Closes $4M USD Seed Funding Round | Funga, an Austin, TX-based company focused on establishing commercial nature-based carbon removal pr... | finsmes.co... |
| - | Funga | “Home | FUNGA” | fastfounde... |