Can humans truly create a tree that is better?

Todays Question: Can humans truly create a tree that is better? With a $21 million Series A, Biotech Living Carbon is adamant about trying. Its pine trees are made to grow more quickly and absorb more carbon. With its zero-trust protocol in zero gravity, the startup SpiderOak also provides cyber-security in space. Living Carbon will use the cash to plant its genetically altered pine trees on private property in Georgia and Pennsylvania, bringing them out of the lab and into the wild.

The business said that it is on schedule to distribute 4 million to 5 million seeds across the country in 2023–24. Everyone is looking for methods to reduce carbon emissions, so perhaps the solution lies in better plants.

Can we really make a better tree than a tree?

Following a $21 million Series A funded by Temasek, climate biotech company Living Carbon garnered media attention last month. What if we planted a trillion trees? With the right locations, up to 1 trillion new trees might be planted worldwide, according to scientists. About 20-22 years' worth of greenhouse gas emissions may be eliminated by such a significant endeavour.

More Updates:

Colossal Biosciences, a firm working to save species from extinction, has raised $150 million in a Series B round of funding. In order to reverse the extinction or endangered status of hundreds of bird species, Colossal's new Avian Genomics Group will work to bring back the dodo.

A $300 million pre-Series A fund has been closed by the early-stage venture capital firm Defy.vc. From Fund 3, the company has already made a few investments, including one in real estate and one in blockchain infrastructure.

According to estimates, the startup for payments processing, Stripe, is looking to raise about $2.5 billion, which would increase Stripe's valuation from $55 billion to $60 billion. The new funding will assist the business in dealing with veteran employees' expiring stock units.

We've seen a steady stream of fresh and improved accelerator programmes launch just in the last few months. Many are industry-specific, looking to take advantage of development in flourishing industries like generative AI. Others want to foster entrepreneurship in urban centres that aren't well-known as big tech centres. Venture capitalists, always eager to invest early in the newest trends, are also joining the fray.