Amazon Reforestation Fund Hits $150M, Plants 15M Trees

Mombak, a company turning deforested Amazon land back into thriving forest, just closed the first phase of a $150 million fund and secured an additional $40 million credit line from Brazil's development bank. The money will fuel massive reforestation projects that remove carbon from the atmosphere while restoring one of Earth's most critical ecosystems.

The São Paulo-based company has already planted nearly 15 million trees across 15 farms in the Brazilian Amazon. Now it's scaling up fast with backing from major corporations including Microsoft, Google, Salesforce, McKinsey, and Bain, all of which have purchased future carbon removal credits from the company's restoration work.

What makes this especially promising is Mombak's track record. In July 2024, the company delivered its first batch of reforestation carbon credits to customers more than two years ahead of the deadlines in their contracts. That early delivery answered a critical question that has dogged the climate space for years: can large-scale reforestation actually work on a predictable timeline?

The new Fund II follows Mombak's first investment vehicle, which raised $120 million from international institutional investors. The company's model combines buying or developing land, planting native species, and selling verified carbon removal credits to finance the entire operation. The additional credit line from BNDES gives Mombak flexibility to move quickly on new opportunities without waiting for equity funding rounds.

The Ripple Effect

This funding surge signals a major shift in how the world fights climate change. For decades, forest restoration struggled to find reliable financing because results took too long and verification was messy. Mombak's ability to deliver credits ahead of schedule while attracting nearly $200 million in fresh capital proves the model works at scale.

The impact extends beyond carbon removal. Reforesting the Amazon restores habitat for thousands of species, protects water systems, supports Indigenous communities, and creates green jobs in rural Brazil. Each tree planted today will continue absorbing carbon and supporting ecosystems for decades.

CEO Gabriel Haddad Silva put it simply: "The market spent years asking whether high-integrity reforestation could actually deliver. We answered that with our first deliveries ahead of schedule." Now the company is proving it can repeat that success at a much larger scale, turning investor capital into millions of new trees and measurable climate progress.

The Amazon is getting a second chance, one tree at a time.