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Partnerships
Funding
Pachama receives investment from Mercado Libre
Carbon Management Software
Sep 21, 2023
This week:
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Funding
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Carbon Management Software

Carbon Management Software

Sep 21, 2023

Pachama receives investment from Mercado Libre

Partnerships
Funding

  • Pachama, a B2B carbon offsetting startup, has raised an undisclosed amount from Mercado Libre, the largest ecommerce company in Latin America, as a part of the Regenera América program, a biodiversity conservation initiative.

  • The funding is earmarked for protecting biodiversity in Latin America and removing CO2 from the atmosphere.

  • Pachama, in partnership with Mercado Libre, expects to expand projects focused on conserving Amazon forests, reforestation near São Paulo, tropical forest restoration, coffee agriculture support, and reforestation projects in Rio de Janeiro and Bahía states.

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