Terraformation

Hyperscaling forest restoration to reverse climate change

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Security Type
Crowd SAFE
Categories
Financial Services, Technology, Sustainability
Min Investment
$50
Location
WAIMEA, HI
Offering Date
September 13, 2021
Expected Close Date
January 31, 2022
Target Raise
$25.00K-$5.00M
No. Investors
3
Security Price
$1
Website
terraformation.com
Number of Employees
61
Cash
$1,923,902
Revenue
$17,211
Short Term Debt
$0
Cost of Goods
$17,211
Long Term Debt
$0
Net Income
$-2,217,634

Company Description

Compared with other studied carbon removal systems, native forest ecosystems are the most effective, cheap, and scalable. They pull carbon from the atmosphere, and store it in biomass and soils. 

We use hyperscaling growth techniques to make this climate solution a reality.

Key Deal Facts

Restoring some of the world's rarest dry forest ecosystems
Built world’s largest, 100% solar-powered, off-grid desalination system
Featured in Fast Company, New Scientist, and The Guardian
Completed $5M Series Seed, $30M Series A
Existing investors incl. Naval Ravikant, Apollo Projects, and Lachy Groom

Management Team / Advisory Board Bios

Yishan Wong, CEO and Founder of Terraformation
Yishan Wong founded Terraformation with a vision to bring Silicon Valley's expertise in rapid growth to the climate movement. He previously served as CEO of Reddit, Director of Engineering at Facebook, and was an early engineer at PayPal. In 2019, Yishan partnered with forest restoration experts working with some of the rarest dry forest ecosystems in the world to identify key bottlenecks slowing this climate solution. He founded Terraformation to incubate, inspire, and share solutions to those challenges.
Amount Raised : $5,000,000
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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