ImpactAlpha, July 15 – Kenya-based Komaza is working to fight deforestation by partnering with smallholder farmers to plant trees and practice sustainable wood harvesting. The company connects farmers to everything from seedlings to sawmills. It says its goal is to work with two million farmers to plant one billion trees by 2030.
Komaza’s $28 million Series B round was backed by existing investor Novastar and AXA Investment Managers, FMO and Mirova’s Land Degradation Neutrality Fund.
