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