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Terraformation isn't accepting new investments

Terraformation’s deadline was February 1, 2022

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Terraformation

Hyperscaling forest restoration to reverse climate change
B2B Combat Carbon
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Featured image of Terraformation
Fully Funded
$5,000,000
Raised
3,291
Investors
Successfully funded and closed on February 1, 2022.
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Co-investors
Apollo Projects
Sam & Max Altman's VC firm
Founded by Max and Sam Altman. Sam Altman is best known as an angel investor in companies such as Airbnb, Stripe, Asana, Reddit, Pinterest, Instacart, and Soylent (logos shown below).
Apollo Projects also invested in:
Companies
Naval Ravikant
Angel investor
Prominent angel investor and entrepreneur, co-founder of AngelList. Early investor in over 200 companies including Uber, Foursquare, Twitter, Wish.com, Poshmark, Postmates, Thumbtack, Notion, SnapLogic, Opendoor, Stack Overflow, OpenDNS, Yammer, and Clearview AI, with over 70 total exits and more than 10 Unicorn companies.
Naval Ravikant also invested in:
Companies
Pitch Updates 36 Reviews 939
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Closed on February 1, 2022. Information may not be up-to-date. Campaign closed on February 1, 2022. Information displayed may not be up-to-date.
Problem Solution Product Our team Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Terraformation Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Terraformation Crowd SAFE Terraformation Form C (Exhibit E).pdf Terraformation Form C (Exhibit A-D).pdf
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Hear from some of the 3,291 people reserved or invested in Terraformation


Show more

Highlights


$25M+ raised
Company has previously raised over $25M in capital
50-199 employees
Company has 50-199 employees on payroll
Notable angel backing
Company is backed by a notable angel investor
Power Founders
Founders previously exited or operated a large business
Venture-backed
Company is backed by a venture capital firm
  • Restoring some of the world's rarest dry forest ecosystems
  • Built world’s largest, 100% solar-powered, off-grid desalination system
  • Featured in Fast Company, New Scientist, and The Guardian
  • Completed $5M Series Seed, $30M Series A
  • Existing investors incl. Naval Ravikant, Apollo Projects, and Lachy Groom

Problem


Climate change is happening now, and we aren't doing enough to stop it

There's already too much carbon in the atmosphere: we need a scalable carbon removal solution, and we need it this decade.

But carbon capture technology isn't ready.

Our planet requires a solution with simple, proven components, ready to scale at a rate we've never seen before. 

Solution


Our Earth's natural carbon capture system: forests

Compared with other studied carbon removal systems, native forest ecosystems are the most effective, cheap, and scalable. They pull carbon from the atmosphere, and store it in biomass and soils. 

They've undergone millennia of field testing, run on sunlight and water, and come in unique models adapted to nearly every place on Earth. 

They work.

But human development has destroyed nearly half of the Earth's native forests. Replanting 3B acres of degraded forest land could capture well over 10 gigatons of CO2 every year, making forest restoration the largest natural carbon sink available.

We use hyperscaling growth techniques to make this climate solution a reality.

Product


Forest as a service

Our team


Together, we can change our future

Our international team includes top-level Silicon Valley founders and engineers; foresters with decades of field experience; working PhDs in seed banking, botany, soil, carbon monitoring, applied mathematics and robotics; and entrepreneurs who've built businesses from the ground up. 

Traction


Restoring some of the rarest ecosystems on the planet

Our flagship restoration sites on Hawaiʻi Island prove it's both possible and affordable to restore forests even in degraded and desertified land. 

We're using new, scalable solutions to make this happen, including long-term native seed collection, rigorous data collection, and innovative freshwater supply solutions.

Dramatic recent improvements in solar panel efficiency make it possible to purify water with off-the-shelf systems deployed on a mass scale.

We've built the world's largest 100% solar-powered and off-grid desalination system. Our system creates 34,000 gallons of freshwater every day, enough to support thousands of trees.

Our work has been featured in:

Customers


Invest in a forestry partner today, and they can capture carbon tomorrow

Forests are a carbon capture solution ready to scale now. Our aim is to support restorationists around the globe to plant the forests we need to reverse climate change.

In addition to our 5 pilot restoration sites on Hawaiʻi Island, we're developing projects in collaboration with local organizations across the globe. Locations include Ecuador, Haiti, India, Tanzania, Uganda, and Ukraine. 

We welcome partnerships with any entity committed to native ecosystem restoration, including individuals, communities, non-profits, companies, and governments across the globe. 

Business model


A carbon capture tech that generates revenue

Unlike most carbon capture tech, forest restoration generates revenue through a variety of products and services. We're building a new industry to accelerate the restoration economy.

Our business model combines these revenue streams to help partners acquire financing and establish profitable, standalone sustainable forestry businesses. These businesses, in turn, support local jobs and economic opportunity.


Global demand for voluntary carbon credits could increase 15x by 2030 and 100x by 2050, expanding revenue opportunities from restoration. 

Market


>700M acres committed, and counting

International agreements such as the Bonn Challenge and the African-led Great Green Wall Initiative create a substantial existing market for forest restoration services. In some nations, such as Brazil, laws require private landowners to restore damaged or degraded land.

All told, countries around the world have committed to restore over 700M acres of land.

It's just the beginning.

The benchmarked, time-sensitive nature of these commitments demands a highly scalable approach – Terraformation's greatest strength.


Some existing commitments for restoration around the globe:

Competition


We can't do it alone

Cooperation is the key to net zero

In Hawaiʻi, there is a saying: "A‘ohe hana nui ke alu ‘ia," which means "No task is too big when done together by all."

To pull off a global-scale project, we'll need to inspire thousands of forest-first businesses, all rapidly innovating and pushing forward to supercharge the movement.

Our business is built on collaboration, accessibility, and cooperation. There's more than enough work to go around. 

Vision and strategy


Together, we can reverse climate change

What's more audacious than re-growing 3 billion acres of forest to save our planet? 

Doing it with everyone else. 

Ultimately, solving climate change will not be about technology. It will be about cooperation and scalability.

This is our moment. 

Funding


Join our $30M Series A

Terraformation raised $5M in Series Seed financing in 2020. Our goal was to create an organization that could immediately deploy tens of millions into planting trees or creating systems to accelerate the planting of trees within a year.

After reaching that goal, we've raised $30M in Series A financing this year prior to our Republic campaign.

Terraformation is a company working for everyone on the planet; and we want as many people as possible to be able to join us in our journey and share in our long-term success.  

With this fundraising campaign on Republic, we want to give everyone else the chance to join current investors at the same valuation terms.

Investor quotes

Founders


Meet our Founder and CEO: Yishan Wong

Yishan Wong founded Terraformation with a vision to bring Silicon Valley's expertise in rapid growth to the climate movement.

He previously served as CEO of Reddit, Director of Engineering at Facebook, and was an early engineer at PayPal.

In 2019, Yishan partnered with forest restoration experts working with some of the rarest dry forest ecosystems in the world to identify key bottlenecks slowing this climate solution.

He founded Terraformation to incubate, inspire, and share solutions to those challenges.   

Deal terms


Valuation cap

$105,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Minimum investment

$50

The smallest investment amount that Terraformation is accepting.
Learn more

Maximum investment

$1,000,000

The largest investment amount that Terraformation is accepting.
Learn more

Funding goal

$5M

The maximum amount the offering can raise is $5M.
Learn more

Deadline
Terraformation needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Terraformation Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Terraformation Crowd SAFE Terraformation Form C (Exhibit E).pdf Terraformation Form C (Exhibit A-D).pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Terraformation.
Invest
$50
Receive
  • Limited edition t-shirt for Terraformation investors

Why others invested

See all reviews (939) See all (939)

I invested because I believe in the mission and I think mass reforestation can be a component of battling climate change. Furthermore, I was introduced to the company through the My Climate Journey community earlier this year and their team seems impressive. Top it all off with a great stable of investors and I'm excited for their future.

Profile picture of Jesse Andrews
Jesse Andrews
Investor
over 4 years ago

I invested because I believe climate change is the most pressing issue of our time. Terraformation is taking a pragmatic approach to scaling a proven solution to drawdown enough carbon to slow down the rate of change and give ourselves more time to decarbonize.

Profile picture of John Ellison
John Ellison
Investor
over 4 years ago

founder is a friend and ex-PayPal colleague; I believe in the mission / believe in the team.

Profile picture of Dave McClure
Dave McClure
Investor
over 4 years ago

About Terraformation

Legal Name
Terraformation Inc.
Founded
Jan 2020
Form
Delaware Corporation
Employees
61
Website
terraformation.com
Social Media
Headquarters
Google Map location of of Terraformation
67 - 1185 Mamalahoa Highway Suite D-104, PMB 112 , Waimea, HI
Headquarters
67 - 1185 Mamalahoa Highway, Suite D-104, PMB 112, Waimea, HI, United States 96743

Terraformation Team
Everyone helping build Terraformation, not limited to employees

Profile picture of Yishan Wong
Yishan Wong
Founder and CEO
Profile picture of Jill Wagner
Jill Wagner
Chief Forestry Officer
Profile picture of Yee Lee
Yee Lee
VP of Growth
Profile picture of Huey Lin
Huey Lin
Special Projects
Profile picture of Margaret Morales
Margaret Morales
VP of Communications and Marketing
Profile picture of Dr. Marian Chau
Dr. Marian Chau
Head of Seed Banking
Profile picture of Dr. Ruth Bone
Dr. Ruth Bone
Forestry Partnerships
Profile picture of Dr. Yacin Bahi
Dr. Yacin Bahi
VP of Research and Development
Profile picture of Ethan Cary
Ethan Cary
VP of Manufacturing
Profile picture of Christian Torres
Christian Torres
Forestry Partnerships, Latin America
Profile picture of Dr. Victoria Meyer
Dr. Victoria Meyer
Carbon Scientist
8 more team members
Yishan Wong
Founder and CEO
Jill Wagner
Chief Forestry Officer
Yee Lee
VP of Growth
Huey Lin
Special Projects
Margaret Morales
VP of Communications and Marketing
Dr. Marian Chau
Head of Seed Banking
Dr. Ruth Bone
Forestry Partnerships
Dr. Yacin Bahi
VP of Research and Development
Ethan Cary
VP of Manufacturing
Christian Torres
Forestry Partnerships, Latin America
Dr. Victoria Meyer
Carbon Scientist

Press

We got an exclusive look at the pitch deck this ex-Reddit...
Business Insider Business Insider
·
Jun 18, 2021

Tree-planting startup Terraformation has just raised $30 million in funding. Founded last year by ex-Reddit CEO Yishan Wo...

The latest must-have among US billionaires? A plan to end...
the Guardian the Guardian
·
Mar 25, 2021

The latest must-have for America's ultra-rich isn't another mega yacht or space program - it's a plan to save the world f...

A former Reddit CEO is turning arid land into robust fore...
Mashable Mashable
·
Feb 18, 2021

Yishan Wong, former Reddit CEO, is a self-professed technologist working to accelerate the process of global forest resto...

Reddit's former CEO is now in the forest-planting business
Fast Company Fast Company
·
Jan 19, 2021

Until recently, a remote corner of the Big Island of Hawaii was barren. The area was originally an ancient sandalwood for...

Terraformation gets $30M to fight climate change with rap...
TechCrunch TechCrunch

Every startup is trying to fix something, but Terraformation is tackling the only problem that must matter to all of us: ...

Former Reddit CEO's New Startup Terraformation Raises $30...
Forbes Forbes

In 2017, fresh into the first year of the presidency of Donald Trump, who openly stated he didn't believe in climate chan...

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Terraformation

Terraformation successfully raised $5,000,000 from 3291 investors on February 1, 2022
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Dave, Bigi, Vilma, DAVID, Brian, and 3286 others invested. 939 Reviews
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