Mombak

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Mombak is a Brazilian climate tech startup that specializes in carbon removal through large-scale reforestation of the Amazon rainforest. The company raises debt financing to fund reforestation projects, generating carbon credits that are sold to corporations and governments seeking to offset their emissions. It operates primarily in Brazil, focusing on restoring degraded land in the Amazon. Mombak has secured $17 million in debt financing, including $13.5 million from Brazil's federal Climate Fund (Novo Fundo Clima) and additional funding from BNDES, making it the first company to receive resources from that fund.

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