Plantd: Raises $10M in Series A Funding

Plantd Raises $10M in Series A Funding

  • Plantd, a Durham, NC-based sustainable building materials company, raised $10M in Series A funding
  • The round was led by American Family Ventures
  • The company intends to us the funds to establish their agriculture supply chain and build modular automated continuous press for engineered building materials
  • The company  will fabricate building materials that are a direct substitute for traditional home construction products and require no alternative installation techniques
  • The company says its Structural Panels retain 80% of the atmospheric carbon dioxide captured in the field, which is then locked away inside the walls and roofs of new homes
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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