• Mast Reforestation raises $25M Series B to scale biomass burial for carbon removal.
• New Montana project to generate 30,000 carbon removal credits through 2026.
• Carbon storage solution locks CO₂ for up to 3,000 years, reducing wildfire risk.

Mast, North America’s leading post-wildfire reforestation company, secured $25 million in Series B funding to expand its Biomass Carbon Removal & Storage (BiCRS) initiative. The funding, co-led by Pulse Fund and Social Capital, accelerates Mast’s mission to restore forestland lost to severe wildfires.

First-of-Its-Kind Biomass Burial Project

Mast is launching Mast Wood Preserve MT1 in Montana, an innovative biomass burial project designed to permanently sequester carbon from fire-damaged trees. The initiative prevents stored carbon from being released when dead trees are burned or left to decompose.

By the numbers:

• 900 acres of wildfire-damaged land to be restored.
• 30,000 carbon removal credits available for presale.
• 100-year easement protection, with potential sequestration of up to 3,000 years.

“Wildfire-destroyed trees pose both a hazard and an opportunity,“ said Grant Canary, CEO of Mast. “By burying this biomass, we lock away carbon, clear the way for new seedlings, and reduce future wildfire risk.”

Addressing a Growing Climate Challenge

Wildfires have left 2.3 million tonnes of dead trees in Montana alone in the last four years, highlighting the need for scalable carbon removal solutions. Mast’s burial method provides an immediate, verifiable pathway to CO₂ reduction in contrast to emerging carbon capture technologies.

Mast’s approach integrates with its reforestation efforts, using native seedlings to restore ecosystem resilience and biodiversity. “The first and most expensive step in post-wildfire recovery is clearing dead trees,” Canary noted. “This project creates optimal conditions for reforestation.“

Related Article: Trafigura Partners with 1PointFive for Groundbreaking Carbon Removal Project

Investor Confidence in Scalable Carbon Solutions

Mast’s Series B investors include Elemental Impact, Spero Ventures (with Tesla co-founder Marc Tarpenning), Thistledown Capital, and Resilience Reserve. Returning investors include Seven Seven Six, Climate Avengers, and Gaingels.

“Mast enables companies to achieve durable carbon removal while actively restoring forest ecosystems,” said Katelin Holloway, Founding Partner at Seven Seven Six.

“With wildfires worsening, supporting Mast was a clear choice,“ added Tenzin Seldon, Managing Partner at Pulse Fund.

“In a market full of uncertainty, Mast’s projects deliver real, measurable impact,” said Chamath Palihapitiya, Founder and CEO of Social Capital.

Mast plans to begin biomass burial in 2025, with carbon credits available for retirement by 2030. The company aims to set a new standard for nature-based carbon removal, addressing both wildfire recovery and long-term climate resilience.

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