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.