Bahamas, Nassau - Partanna, a technology company focused on developing commercially scalable carbon-removal solutions, today announced the successful completion of its pre-seed funding round, raising an impressive $12 million. The funding round was led by Cherubic Ventures, a prominent venture capital firm known for its investments in disruptive and impactful technologies.
Partanna is dedicated to addressing one of the world's most pressing challenges - climate change. With its groundbreaking innovation, the company aims to pioneer nature-positive construction practices by providing top-performing, tech-based carbon removal credits in a rapidly growing global market. The funding secured in this round will be instrumental in accelerating the development and deployment of Partanna's cutting-edge solutions.
"We are thrilled to have the support of Cherubic Ventures and our other investors as we embark on this crucial mission of combating climate change," said Rick Fox, Co-Founder of Partanna. "With their strategic guidance and financial backing, we are confident in our ability to revolutionize the construction industry and usher in a new era of sustainable development."