Funga

About

Funga is a public benefit corporation based in Austin, Texas, dedicated to enhancing forestry outcomes and addressing climate change through the forest fungal microbiome. The company focuses on restoring forest soils by reintroducing native fungi, which improves nutrient cycling, accelerates tree growth, and strengthens overall forest health. Funga partners with landowners to implement forest microbiome restoration services, tailored to specific lands. This approach not only boosts forest health but also increases tree yield. Additionally, Funga generates carbon removal credits by measuring the carbon dioxide captured through their restoration projects, which are sold to corporate partners aiming for net-zero carbon emissions. The company has ambitious goals, aiming to sequester three billion tons of carbon dioxide by 2050 and has launched projects in various locations, including Lexington, Georgia. Funga has received $4 million in seed funding to support its innovative initiatives and has been recognized in notable publications for its contributions to carbon capture and biodiversity restoration.