1MT Nation develops nature-based carbon removal projects that restore degraded lands in Africa by planting polyculture native bamboo species in cooperation with local landowners. The company uses satellite technology to map suitable lands, which must not have had forest cover for at least the past 10 years. Its mission is to restore at least 1 million hectares of land in Africa by 2030 and to ensure each project removes at least one million tonnes of CO2. Operational progress includes planting the first 300 hectares in Uganda, with preparatory work underway for 2,000 hectares in Uganda and 1,000 hectares in Kenya. 1MTN frames its business model around shared value creation (CSV) and is guided by ESG and the UN Sustainable Development Goals. The company positions itself as both a climate-impact and social-impact venture supporting corporations to reduce their footprint.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2023