Peter Thiel’s VC fund backs TreeCard, a fintech that plants trees when you spend

Crucial Details

TreeCard, a weather-mindful digital funds application, raised $23 million from buyers which includes Peter Thiel’s Valar Ventures, EQT and World Fund.
The organization makes use of 80% of the gains it would make from card interchange expenses to plant trees via its companion Ecosia, the Google lookup rival.
The offer underscores greater fascination from VC traders in companies addressing local climate improve.

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