TerraFirmaVerified
TerraFirma builds climate solutions, likely focused on carbon management or environmental remediation.
$100MSeries A
A $100M Series A for climate tech signals that LP appetite for this space is still real post-2024, but the bar has shifted—Kleiner doesn't write checks this size unless unit economics or regulatory tailwinds are concrete. TerraFirma is likely burning this on scaling operations (carbon removal/verification infrastructure is capital-intensive) or geographic expansion into regulated markets. If you're building in adjacent climate verticals, watch whether they're hiring for sales/compliance roles—that tells you which regulatory regimes are actually moving.