Ecosapiens Raises $1.5M in Funding

Ecosapiens, a San Francisco, CA-based provider of a Web3/NFT project focused on climate, raised $1.5M in funding.

The round was led by Boost VC, with participation from Slow Ventures, Menlo Ventures, CRV, Alumni Ventures Blockchain Fund, Climate Capital, Chaos Ventures, UpHonest Capital, Ben Taft’s Genius Fund, and Ovo Fund.

The funds will be used by the company to expand its operations and business reach.

Ecosapiens, headed by Nihar Neelakanti as CEO, offers a Web3/NFT program that allows consumers to have a positive effect on the climate. Ecosapiens aims to develop its flagship product, a permanent carbon-capture NFT.

It is anticipated that the initial drop will offset as much as 200,000 tons of carbon from its owners. The collection strives to make a continual impact by baking in a novel “payback-to-carbon” feature in the NFT that enables the collection to accumulate additional carbon in parallel with future purchases, thus compounding the environmental impact of each NFT long after the mint while accruing carbon to the owner. Ecosapiens will become more striking and distinctive to reward owners who buy more carbon.

The team is aiming to create a community of climate benefactors, ReFi experts, and climate innovators around its primary NFT. In the long run, the company aspires to build a full-stack tech platform that makes it “1-click” easy for consumers to make an impact on the environment.

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