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Funga

Funga

Private
Austin, TexasEnergy & Sustainabilityhttps://funga.earth

Last Round

Seed

Feb 15, 2023

Total Funding Raised

$4M

Company Overview

Funga is a biotechnology company that uses the forest fungal microbiome to improve forestry outcomes, accelerate carbon sequestration, and enhance microbial biodiversity.

Sector

Energy & Sustainability

Verticals

Carbon Capture, Biotechnology, Environmental Monitoring

Business Model

B2B

Customer Profile

Revenue Share, Services & Consulting

AI Layer

Application

Keywords

carbon removalcarbon removal creditssoil biodiversitymycorrhizal funginature-based solutionsvoluntary carbon marketforest microbiomefungal inoculationcarbon sequestrationreforestation techsoil techDNA sequencingmachine learningclimate financetimber industry

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Funga Comparables

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Funga comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Living Carbon
77%
Loam Bio
72%
NativState
68%

Funga Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedFeb 15, 2023

Key People

Founding team and executive leadership

Erika Randolph

Chief Operating Officer

Executive Team

Funga Investors

Notable investors and investment history

Funga investors
InvestorRounds
Collaborative FundSeed
better venturesSeed
Trailhead CapitalSeed
Azolla VenturesSeed

Funga Filings

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Funga filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Firmographic Details

HeadquartersAustin, Texas
Employee Range38
Year Founded2021
Last FundingFeb 15, 2023

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