RenewWest, a Denver, CO-based environmental asset developer, raised $3.2M in Seed funding.
The round was led by Aspiration and One Small Planet with participating from Clear Sky Advisors, a subsidiary of Concord Ltd.
The company intends to use the funds to expand its technical team, grow the project pipeline, and invest directly with land stewards around the world.
Led by CEO John Cleland, RenewWest is an environmental asset developer which operates projects in the United States, Central and South America, and Oceania. The company works across multiple ecosystems like temperate forests, rainforests, wetlands and mangroves, peatlands, and degraded rangelands. Every project has two objectives: optimize carbon storage capacity by accelerating the restoration lifecycle and collaborate with local land stewards to equitably distribute economic benefits. Since 2018, the company has worked on developing nature-based projects that will deliver independently verified carbon credits while increasing biodiversity, returning value to investors, and improving economic outcomes for frontline communities.
RenewWest integrates science, technology, and operational expertise to accelerate the project lifecycle and generate credits.