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

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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