Cultivo, a climate-focused FinTech that identifies projects and forecasts natural capital returns, has raised USD 14 million in a Series A funding round led by MassMutual Ventures and Octopus Energy Generation, with participation from Salkantay Ventures and Peña Verde.
The company intends to use the funds to accelerate business growth, develop its AI-driven science and technology platform, and deliver natural capital projects to institutional clients.
The company has also signed an agreement with Octopus Energy Generation to invest up to USD 40 million in natural capital projects in North America, Europe, and Australasia.
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