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Pass the grass: How Plantd aims to decarbonize new buildings

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No matter really you portion it, buildings are superior ambiance alteration drivers. Every constituent of nan alleged built situation — from off-site materials accumulation and building to energy and attraction — comes astatine a steep biology cost. The assemblage is responsible for nearly 40% of energy-related greenhouse state emissions globally, according to nan International Energy Agency, an intergovernmental group.

In nan coming decades, nan built environment’s c footprint is poised to grow pinch nan assemblage itself, making it some a captious and lucrative target for climate-focused startups. This is nan backdrop for Plantd, which raised a $10 cardinal Series A to switch panels that are astir ubiquitous successful single- and multi-family homes.

Plantd intends to supplant materials specified arsenic oriented strand board, aliases OSB, which is an engineered sheet made of wood strips and adhesives. You whitethorn not cognize them by name, but you’ve apt seen them earlier — successful floors, roofs, furniture, and truthful on. The manufacture calls OSB a sustainable plywood alternative, because nan wood strips don’t request to travel from old-growth forests. Still, Plantd thinks it tin do amended pinch its ain panels, which are made from a “proprietary blend of perennial grasses that turn exceptionally fast.”

Reached by TechCrunch, nan startup declined to disclose nan names of nan woody grasses. But judging by an image connected nan startup’s website, they look benignant of for illustration bamboo.

“Unlike trees utilized for engineered wood products which are harvested aft increasing for 10–12 years, our biomass regrows and is harvested each twelvemonth from nan aforesaid acreage,” said co-founder and CEO Josh Dorfman. “This enables Plantd to seizure vastly much atmospheric c faster than trees tin and do truthful utilizing little land.”

Insurance-focused investor American Family Ventures led Plantd’s Series A, while IDEA Fund Ventures besides chipped successful connected nan round. Earlier investors successful nan startup see Twitter co-founder Biz Stone and Palmetto star CEO Chris Kemper, said Plantd.

The startup told TechCrunch that it raised its $10 cardinal Series A astatine a $65 cardinal postmoney valuation.

Plantd said its panels are stronger than accepted panels and will present superior biology upsides, but nan startup has not yet proven its claims astatine standard (hence nan Series A). Dorfman told TechCrunch that Plantd is presently producing prototypes and is “not yet successful nan market.”

Editor: Naga



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