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The Venture Codex

Overview

Supports outdoor recreation and conservation in Lake Tahoe.

Founded

2010

Deals · 12mo

0

Links

Stage focus

Seed

Geographic focus

United States

Sector focus

Investment portfolio

  • Kodama Systems

    Participated · Seed · Dec 2022

    Kodama Systems develops technology to improve climate resilience and increase carbon storage in forests. Led by CEO Merritt Jenkins, the company focuses on automating machinery, optimizing on-the-ground operations, and creating methods to utilize low-value woody biomass. It aims to improve the efficiency of forestry thinning operations and expand markets for woody biomass byproducts. In December 2022 the company raised $6.6M in a seed funding round. The round was co-led by Breakthrough Energy Ventures and Congruent Ventures, with participation from Shorewind Capital, MCJ Collective, Alumni Ventures, Climate Capital and the Tahoe Fund. Kodama intends to use the proceeds to accelerate technology development for thinning operations and to develop new markets for woody biomass.

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