Tech Company Financing Transactions

Kodama Systems Funding Round

Breakthrough Energy Ventures, Congruent Ventures and Alumni Ventures joined a $6.6 million Seed capital raise for Kodama Systems. This VC investment round was recorded on 12/16/2022.

Transaction Overview

Company Name
Announced On
12/16/2022
Transaction Type
Venture Equity
Amount
$6,600,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to accelerate its technology development to improve the efficiency of forestry thinning operations and expand markets for woody biomass byproducts.

Company Information

Company Status
Private & Independent
Industry
Environmental
Mailing Address
1171 Sanguinetti Rd 1016
Sonora, CA 95370
USA
Phone
Undisclosed
Email Address
Overview
Developer of a forest management technology designed to streamline in-field operations, increase forest resilience and sequester more carbon. The company utilizes demonstrate technologies to improve forest thinning productivity and expand access to labor and provides feedback and insights from simulation, on-equipment, teleoperation, and integration testing, helping construction and mining industries to address the climate challenge of wildfires and carbon emissions.
Profile
Kodama Systems LinkedIn Company Profile
Social Media
Kodama Systems Company Twitter Account
Company News
Kodama Systems News
Facebook
Kodama Systems on Facebook
YouTube
Kodama Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Merritt Jenkins
  Merritt Jenkins LinkedIn Profile  Merritt Jenkins Twitter Account  Merritt Jenkins News  Merritt Jenkins on Facebook
Co-Founder
Matthew Verminski
  Matthew Verminski LinkedIn Profile  Matthew Verminski Twitter Account  Matthew Verminski News  Matthew Verminski on Facebook


 

 

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We report on funding rounds that are announced publicly. VC transactions reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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