- Security Type
- Common Stock
- Min Investment
- Offering Date
- November 18, 2021
- Expected Close Date
- February 17, 2022
- Amount Raised
- Security Price
Key Deal Facts
We believe Rizome bamboo is the “greenest” of all building materials, the demand for which is growing. Building regulations, governmental policies, and growing public awareness are driving demand for green building materials. Our engineered bamboo lumber meets industry requirements and can be used in most construction applications. It’s the perfect alternative for conventional wood products. Rizome products are made from timber-grade bamboo, an acre of which captures 10x more carbon than an equivalent-sized forest. Best of all, because it’s a grass and regenerates, the poles regrow after they’re harvested.
Rizome’s ability to scale is due to its partnership business model. We partner with landowners, allowing us to plant millions of bamboo plants without owning land while we retain exclusive access to the mature plants. This not only lowers our capital requirements but it also allows us to pre-sell carbon credits.
Precision agriculture technology that’s being deployed in Florida. We’re providing citrus farmers in Florida with alternative cash crops as the industry continues to be decimated by disease and cheap imports. The same techniques can be replicated in subtropical and tropical regions around the world.
Common stock is a security that represents ownership in a corporation.
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