Carbon removal startup Standard Biocarbon has raised $5 million in investment from sustainable infrastructure capital provider Nexus Development Capital. The funding will support the development and scaling of Standard Biocarbon’s biochar production facility in Enfield, Maine. Biochar is a stable form of carbon produced by heating biomass in the absence of oxygen. When buried in soil, biochar enables long-term carbon sequestration and improves soil fertility. Standard Biocarbon uses source-verified sawmill residuals to produce biochar, with applications ranging from soil improvement to concrete ingredients and heavy metal remediation. The company expects to begin production in Q1 2024, producing 16,000 cubic yards of biochar and capturing 3,000 tons of carbon annually.
Standard Biocarbon secures $5M to launch US biochar production facility.
![](https://funderlyst.com/wp-content/uploads/2023/09/Demystifying-VC-Jargon.jpg)
Latest from Blog
![](https://funderlyst.com/wp-content/uploads/2023/09/Women-in-Venture-Capital.jpg)
Embrace the Sun: Accelerate Joint Ventures with Capital Boost
TLDR: Cherish Sunshine International Limited has announced a capital increase for JV Company I, with partners Chenghui New Energy and Jiangyin Daxiang contributing additional funds. However, the financial results of JV Company
![](https://funderlyst.com/wp-content/uploads/2023/09/Post-investment-Monitoring-and-Reporting.jpg)
African Startups with Multi-Million Dollar Exits: Paystack & More
TLDR: A new study has found that eating nuts may play a key role in preventing weight gain Researchers analyzed data from over 280,000 adults and found that those who ate nuts
![](https://funderlyst.com/wp-content/uploads/2023/09/LGBTQ-Representation-in-Venture-Capital.jpg)
Revolutionizing Venture Capital: AI and Crypto Unite for Decentralization
TLDR: AI and crypto are revolutionizing venture capital and finance. Decentralized platforms are changing how investments are made. Article Summary: The article explores the intersection of artificial intelligence (AI) and cryptocurrency in
![](https://funderlyst.com/wp-content/uploads/2023/09/VC-in-the-Age-of-AI-and-Robotics-e1703950385505-480x342.jpg)
Why Dash Gets the Green Light Over Ethereum and Layer-2s
TLDR: Layer-2 scaling solutions for Ethereum are gaining popularity but are facing concerns about centralization and security flaws. VC founder Justin Boons criticizes Ethereum and its layer-2 platforms, endorsing Dash for prioritizing
![](https://funderlyst.com/wp-content/uploads/2023/09/Demystifying-VC-Jargon.jpg)
Stable Investments on the Rise in Latin America
TLDR: Lavca reports stable investment levels in Latin America, with over US$1.7bn invested in 217 deals during 1H24. The region has seen a shift towards local fund managers investing in startups. Lavca,