Funga claims to be the first company to leverage nature’s power of carbon removal, by focusing on restoring belowground fungal biodiversity. The company just raised a $4 million round.
The company was founded by ecologist and climate scientist Dr. Colin Averill, and it combines modern DNA sequencing and machine learning technology with breakthrough research on the forest microbiome. This approach allows Funga to put the right native, biodiverse communities of mycorrhizal fungi in the right place. The strategy is based on the idea that the reintroduction of wild soil microbial biodiversity can accelerate plant growth by an average of 64%, which in turn accelerates carbon capture.
“An entire galaxy exists …
