Mast Reforestation Named to Time's Top Greentech Companies in America

Mast Reforestation, a Serra Capital Ag Tech Fund company, is being honored in the month of March by being named to Time Magazine’s “Top Greenwich Companies 2024” list. Mast Reforestation is restoring resilient forests after wildfires. They make reforestation scalable to mitigate the worst effects of climate change.

The green technology sector has represented a “beacon of hope” for investors and workers alike, and is one of the fastest growing sectors in the United States. According to TIME the 250 of America’s top sustainability-­focused companies are ranked based on their positive environmental impact, financial strength, and innovation, to see who is rising to the top of the field. To determine these, Statista analyzed data points such as value of the company's intellectual property portfolio, revenue and funding, and environmental data specific to each industry, such as carbon capture, offsets, and renewable energy generated.

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Mast Reforestation Has a Major Month in May

Mast Reforestation, formerly Droneseed, had an exciting month which began with the securement of its $15 million financing agreement with Carbon Streaming Corporation. The partnership will advance its post-wildfire reforestation projects throughout the American West. This first-of-its-kind project financing will cover the high upfront costs of reforestation projects, accelerating Mast's forest restoration work and enabling the company to serve more landowners affected by wildfires.

"This innovative project financing is a scalable model that will help us get more trees in the ground, accelerating reforestation efforts in areas devastated by the rise in forest fires amplified by climate change," said Mast CEO and Founder, Grant Canary. Mast Reforestation's Chief Revenue Officer, Woolsey McKernon, describing the selection process stated, "Carbon Streaming has a proven track record of supporting projects in the nature-based voluntary carbon markets. Given that and our shared vision for scaling reforestation and carbon removal solutions, we feel this partnership is an ideal match."

In other news, Mast Reforestation was named to CNBC’s Disruptor 50 List. CNBC highlights private companies that are chasing some of the market’s biggest opportunities, and growing despite a tough capital markets environment and slowing economy.

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