DroneSeed raises cash to plant trees with drones

DroneSeed drone

DroneSeed’s aerial vehicles drop water and seeds for reforestation. (DroneSeed via YouTube)

Seattle-based DroneSeed has raised more than $5 million in funding for a venture that uses drones to plant trees and sustain them from the air, according to documents filed this month with the Securities and Exchange Commission.

The Nov. 16 filing says 19 investors contributed to the funding round, with $260,000 of a $5.3 million offering remaining to be sold.

DroneSeed declined to identify the investors or provide further details about the investment.

In an email to GeekWire, DroneSeed CEO Grant Canary said the level of investment reported in the filing may change. More details are expected early next year.

Get the full story on GeekWire.

About Alan Boyle

Award-winning science writer, creator of Cosmic Log, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.
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