Startup · United States

Living Carbon

HQ San Francisco, United StatesFounded 2019

Living Carbon uses gene editing technology and proprietary forestry tools to develop high-yield biomass projects on degraded land. Growing trees efficiently on marginal land is a breakthrough for both forest restoration and resource production. Living Carbon is a supplier of biomass feedstock to meet growing demand for biomass-based electricity and clean fuel production. Additionally, our nature-based carbon projects generate high-quality carbon credits, annual income for landowners, and ecological co-benefits such as biodiversity.

Strategic · Apr 30, 2026

Funding3 rounds · ~$34.0M

Disclosed: ~$34.0M
Latest: ~$13.0MStrategic · Apr 30, 2026

Cumulative raised$34.0M

Jan 17, 2023Apr 30, 2026

Funding rounds
Announced	Stage	Amount	Valuation	Lead investors	Other investors	Confidence
Apr 30, 2026	Strategic	~$13.0M	—	Octopus Energy Generation	—	Confirmed
Jan 17, 2023	Series A	$21.0M	—	Temasek	Felicis, Lowercarbon Capital, Toyota Ventures	Reported
Feb 24, 2022	Seed	Undisclosed	—	Felicis	Floodgate, Homebrew, Lowercarbon Capital, Prelude Ventures	Reported

Strategic
Led by Octopus Energy Generation
Confirmed
~$13.0M
Apr 30, 2026
Series A
Led by Temasek
With Felicis, Lowercarbon Capital, Toyota Ventures
$21.0M
Jan 17, 2023
Seed
Led by Felicis
With Floodgate, Homebrew, Lowercarbon Capital, Prelude Ventures
Undisclosed
Feb 24, 2022

Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.

People1

Maddie Hall

CEO

Founder

Sources7

Funding6

1
DatabaseLiving Carbon - CB Insights company profile
CB Insights · Oct 6, 2026 · Supports Funding round
“Seed VC - III”
2
DatabaseLiving Carbon - Tracxn company profile
Tracxn · Oct 6, 2026 · Supports Funding round
“Feb 24, 2022”
3
CompanyLiving Carbon secures $500m deal with Octopus Energy Generation to restore degraded land and remove CO₂
GlobeNewswire · Apr 30, 2026 · Supports Funding round · amount
“Octopus Energy Generation is investing nearly $13 million in Living Carbon’s fast-growing carbon removal business.”
4
NewsOctopus Energy Is Getting Into the Carbon Credit Business
WSJ · Apr 30, 2026 · Supports Funding round
“is taking a $13 million equity stake in Living Carbon”
5
NewsTemasek, Lowercarbon Capital, Toyota, Felicis invest in $21m Series A for Living Carbon's 'super trees'
AgFunderNews · Jan 17, 2023 · Supports Funding round
“has secured a $21 million Series A raise”
6
NewsTemasek, Toyota back climate biotech firm Living Carbon
Reuters · Jan 17, 2023 · Supports Funding round · amount
“The biotech's $21 million Series A round was also backed by the world's biggest automaker Toyota”

People1

7
OtherBlack Flag 100
Black Flag · Supports Organization, Role
“Living Carbon uses gene editing technology and proprietary forestry tools to develop high-yield biomass projects on degraded land. Growing trees efficiently on”

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