No Result
View All Result
AerialFire
  • Articles
    • Columns
    • Cover Stories
    • Drone/UAS
    • Feature Stories
    • Fire Regulations
    • Government
    • Ground Ops
    • Helicopter
    • International Operations
    • LAT
    • Press Release
    • Retardant
    • SEATs
    • Technology
    • VLAT
    • Wildfire
  • Store
  • Current Issue
  • Contact Us
Subscribe
AerialFire
  • Articles
    • Columns
    • Cover Stories
    • Drone/UAS
    • Feature Stories
    • Fire Regulations
    • Government
    • Ground Ops
    • Helicopter
    • International Operations
    • LAT
    • Press Release
    • Retardant
    • SEATs
    • Technology
    • VLAT
    • Wildfire
  • Store
  • Current Issue
  • Contact Us
Subscribe
AerialFire
No Result
View All Result
Home Aerial Fire News

Wildfire Reforestation Company DroneSeed Raises $36 Million In Series A

by Ryan Mason
October 4, 2021
in Aerial Fire News, Drone/UAS, Technology
Reading Time: 2 mins read
Wildfire Reforestation Company DroneSeed Raises $36 Million In Series A

DroneSeed announced it has raised $36 million in its Series A funding round. This funding round was led by Social Capital and Seven Seven Six with participation from new and existing investors. And part of these funds was used to acquire Silvaseed – a 130-year-old forestry company – to expand DroneSeed’s seed collection and seedling cultivation services.

Known as a pioneer in climate tech and post-wildfire reforestation, DroneSeed is the only company approved by the FAA to deploy a fleet of heavy-lift drones to reforest after wildfires, enabling healthy forests to grow back. And this year, wildfires across the U.S. have already burned nearly 6 million acres of land, demonstrating the growing need for a full suite of vertically integrated reforestation services like those DroneSeed offers.

DroneSeed is able to drop seed vessels within 30 days after a fire, compared to traditional methods which can take years of waiting to replant. And after it reforests burned land, DroneSeed sells the resulting carbon credits to organizations looking to go carbon neutral or negative.

DroneSeed has expanded Silvaseed – which grows millions of trees per year – to become the largest private seed bank west of Colorado. And the acquisition positions DroneSeed as a one-stop shop for reforestation services including seed collection, seedling cultivation, aerial drone-based seeding, and financing with carbon credits. DroneSeed is planning to further expand, doubling its capacity to address increased demand for reforestation services by the middle of next year.

Along with acquiring Silvaseed to expand its seed supply, DroneSeed will use this funding to respond to the 2021 fire season already underway, adding on more reforestation projects, generating carbon credits, and expanding its services geographically in the future.

And along with Social Capital and Seven Seven Six, new investors in this raise include DBL Partners – which was an early investor in Tesla and SpaceX; Tobi Lütke, CEO of Shopify; Resilience Reserve; and Marc Benioff’s TIME Ventures. And existing investor Spero Ventures also participated with Marc Tarpenning, the co-founder of Tesla, continuing his role as a board observer. Over 60% of the capital invested in the round came from investors with a climate and impact fund focus.

The additional investors and syndicates include Gaingels with Flight.vc, HBS Lady Angels, Julia Lipton’s Awesome People Ventures, and the Coalition angels including Ashley Mayer. And four of nine angel list syndicates are LGBTQ+ or female-led. This funding round includes continued participation from prior investors Massive, Drone.vc, and Rob Ness Syndicate who have supported the company since DroneSeed completed Techstars Seattle in 2016.

 

Tags: Aerial FirefightingAerial SeedingDroneNov Dec 2021UAS

Ryan Mason

Related Posts

Australian Natural Disaster Responders McDermott Aviation Deploy Aircraft to Greece Ahead of European Fire Season

Australian Natural Disaster Responders McDermott Aviation Deploy Aircraft to Greece Ahead of European Fire Season

by AerialFire Staff
May 19, 2025

Monday 19 May 2025: As the fire season gets underway in Greece, six McDermott Aviation B214 ST aircraft have been deployed...

Earl Watters: The Firefighter Behind The Chinook Helicopter Boomer

Earl Watters: The Firefighter Behind The Chinook Helicopter Boomer

by AerialFire Staff
May 16, 2025

Firefighter Pilot Shares Videos of Minnesota Wildfire Water Drops Wildfires continue to rage in Northern Minnesota, on pace to be the...

Fire Season Now 12 Months Long, According to CalFire

Fire Season Now 12 Months Long, According to CalFire

by AerialFire Staff
May 14, 2025

CalFire is doing what they can to keep Nevada County and surrounding areas safe during what they are now calling...

Aerial Firefighters in Missoula Gear Up for Wildfire Season

Aerial Firefighters in Missoula Gear Up for Wildfire Season

by AerialFire Staff
May 13, 2025

MISSOULA, Mont. – Neptune Aviation Services, based at the Missoula Montana Airport, is preparing for wildfire season as they continue...

Trending News

No Content Available
Australian Natural Disaster Responders McDermott Aviation Deploy Aircraft to Greece Ahead of European Fire Season
Aerial Fire News

Australian Natural Disaster Responders McDermott Aviation Deploy Aircraft to Greece Ahead of European Fire Season

by AerialFire Staff
May 19, 2025
Earl Watters: The Firefighter Behind The Chinook Helicopter Boomer
Aerial Fire News

Earl Watters: The Firefighter Behind The Chinook Helicopter Boomer

by AerialFire Staff
May 16, 2025
Fire Season Now 12 Months Long, According to CalFire
Aerial Fire News

Fire Season Now 12 Months Long, According to CalFire

by AerialFire Staff
May 14, 2025
Aerial Firefighters in Missoula Gear Up for Wildfire Season
Aerial Fire News

Aerial Firefighters in Missoula Gear Up for Wildfire Season

by AerialFire Staff
May 13, 2025
AerialFire

© 2025 AerialFire, a Marsayl Media Publication. All rights Reserved.

Navigate Site

  • Privacy Policy
  • Terms of Service
  • Advertise With Us
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Subscribe
  • Store
  • Current Issue
  • Advertise With Us
  • Contact Us

© 2025 AerialFire, a Marsayl Media Publication. All rights Reserved.

Skip to content
Open toolbar Accessibility Tools

Accessibility Tools

  • Increase TextIncrease Text
  • Decrease TextDecrease Text
  • GrayscaleGrayscale
  • High ContrastHigh Contrast
  • Negative ContrastNegative Contrast
  • Light BackgroundLight Background
  • Links UnderlineLinks Underline
  • Readable FontReadable Font
  • Reset Reset