Fundraising Fox

Cultivo

Berkeley, US · Founded 2019 · 203 employees on LinkedIn · 6 known investors

Find your way into Cultivo

841 people in our graph share verified history with the Cultivo team — schools, employers, funds. One of them is your warm intro.

Deji Sasegbonunlockedknows Manuel Pinuela, PhD · together at Imperial College London (overlapped)
×6knows the team · via Imperial Business School
×2knows the team · via City St George’s, University of London
knows the team · via Royal College of Art
×2knows the team · via Shell

Cultivo uses data analysis, machine learning, and generative AI to plan and finance nature-based restoration projects, connecting land, capital, and ecological regeneration. It works with investors and landowners to develop and scale natural landscape regeneration efforts.

Also known as Cultivo Land PBC

Founders & leadership

Cultivo was founded in 2019 by MANUEL PINUELA, Manuel Pinuela Rangel, Manuel Pinuela, PhD, and James Clifton.

MPMANUEL PINUELA
MANUEL PINUELAinCo-Founder & CEOManuel Piñuela holds a PhD from Imperial College and studied at the National Autonomous University of Mexico and Imperial College Business School. He founded Cultivo, which uses data analysis and machine learning to plan and finance nature-based restoration projects.
MP
Manuel Pinuela RangelCo-founder
MPManuel Pinuela, PhD
Manuel Pinuela, PhDinCo-Founder & CEOManuel Pinuela holds a PhD from Imperial College and studied at the National Autonomous University of Mexico and Imperial College Business School. He is the founder of Cultivo, which uses machine learning and data analysis to plan and finance nature-based restoration projects.
JCJames Clifton
James CliftoninCo-Founder & Chief Strategy OfficerJames Clifton founded Cultivo, which uses data analysis, machine learning, and generative AI to plan and finance nature-based restoration projects. He has prior experience building data and technology-driven businesses.
RB
REBECCA BRAVOExecutive
BJBENJAMIN J. STONE
BENJAMIN J. STONEinChief Operating Officer & General Counsel
HM
HARRY MANISTYNamed on SEC filing
PC
Pablo CastellanosNamed on SEC filing
GH
Gabriel HolschneiderNamed on SEC filing
RB
Rebeca BravoNamed on SEC filing
DH
Dudley HawesNamed on SEC filing

Board

DL
DAVID LEUSCHENBoard director

Investors · 6

Also in the syndicate · 2

Octopus Energy GenerationleadPeña Verde

Reported raises · per SEC filings

Form D private placements

$34.3M disclosed across 5 of 6 rounds · 2020–2025

$16MraisedJun 2026 · 12 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • DAVID LEUSCHENDirector
  • BRACE YOUNGDirector
  • REBECCA BRAVOExecutive Officer, Director
  • JAMES CLIFTONExecutive Officer, Director
  • PATRICIA ZURITADirector
  • FRANCISCO MARTINEZDirector
  • BENJAMIN J. STONEExecutive Officer
  • HARRY MANISTYExecutive Officer, Director
  • TIMOTHY KRYSIEKDirector
  • MANUEL PINUELAExecutive Officer, Director
  • LUCY THOMASDirector
  • MARK TERCEKDirector
Offering amount
$19M
Amount sold
$16M
First sale
Dec 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$9.5MraisedFeb 2024 · 32 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Lucy ThomasDirector
  • Manuel PinuelaExecutive Officer, Director
  • Francisco MartinezDirector
  • Tim KrysiekDirector
  • Mark CarneyDirector
  • Mark TercekDirector
  • Harry ManistyDirector
  • Brace YoungDirector
  • James CliftonDirector
  • Gabriel HolschneiderDirector
Offering amount
$10M
Amount sold
$9.5M
First sale
Dec 2023
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4.5MraisedFeb 2024 · 27 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Harry ManistyDirector
  • Tim KrysiekDirector
  • Francisco MartinezDirector
  • James CliftonDirector
  • Manuel PinuelaExecutive Officer, Director
  • Mark CarneyDirector
  • Gabriel HolschneiderDirector
  • Brace YoungDirector
  • Lucy ThomasDirector
  • Mark TercekDirector
Offering amount
$4.5M
Amount sold
$4.5M
First sale
Dec 2022
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.9MraisedJul 2021 · 28 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Manuel Pinuela RangelExecutive Officer, Director, Promoter
  • Francisco MartinezDirector
  • James Royston CliftonExecutive Officer, Director
  • Pablo CastellanosExecutive Officer, Director
  • Mark TercekDirector
  • Lucy ThomasDirector
  • Gabriel HolschneiderDirector
  • Rebeca BravoExecutive Officer
  • Brace YoungExecutive Officer, Director
  • Dudley HawesDirector
Offering amount
$5M
Amount sold
$2.9M
First sale
Jan 2021
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.4MraisedFeb 2021 · 18 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Manuel Pinuela RangelExecutive Officer, Director, Promoter
  • Dudley HawesDirector
  • Brace YoungDirector
  • Francisco MartinezDirector
  • Pablo CastellanosExecutive Officer, Director
  • James Royston CliftonExecutive Officer, Director
  • Rebeca BravoExecutive Officer
Offering amount
$1.4M
Amount sold
$1.4M
First sale
Apr 2020
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Cultivo Land PBC is a natural capital investment platform and project developer that identifies degraded or underutilized land with high restoration potential and turns regeneration projects into investable products. Its platform combines data analysis, machine learning, generative AI, satellite imagery and remote sensing to originate and screen projects, forecast natural capital returns, and monitor and verify project impact. Beyond origination technology, the company designs, builds and maintains land-restoration projects with landowners and then partners with financial institutions to fund them.

The company's solutions are organized around three offerings: investing in nature as an asset class, sourcing high-integrity carbon removal credits from nature-based projects spanning forests, grasslands, wetlands and biochar, and helping landowners, businesses, institutions, NGOs and project developers build land resilience and natural asset strategies. Projects focus on carbon removal, biodiversity enhancement and improved water storage, with stated attention to job creation and equitable outcomes for local communities and land stewards. Cultivo was incorporated as a Public Benefit Corporation in 2019, with a stated public purpose to regenerate and protect land, enhancing ecosystem productivity, biodiversity and resilience.

Grassland restoration in the United States has become a particular focus. Cultivo reports a U.S. grassland project pipeline of roughly 650,000 acres, supported by a $40 million deployment commitment from Octopus Energy Generation, and deploys capital for tools such as sensors and virtual fencing that ranchers use to restore land, then helps secure offtake agreements that generate revenue for investors.

Founding story

Co-founders Manuel Piñuela and James Clifton previously worked together at a clinical AI and digital health startup that listed publicly in summer 2018. While travelling through the UK after that IPO, Piñuela observed extensive land degradation, and the two began exploring how AI, environmental sensing and ground-truth data could identify degraded land with the highest potential to be regenerated into healthy ecosystems. Cultivo was incorporated as a Public Benefit Corporation in 2019.

Business model

Cultivo originates, designs and operates land-restoration projects together with landowners, and partners with financial institutions and corporations to invest in them. Projects generate returns for landowners and investors principally through carbon removal credits purchased by corporations, alongside other natural capital outputs such as water offsets; Cultivo also packages projects into investable products and secures offtake agreements.

Revenue is tied to nature-based projects that produce long-term cash flows from assets such as carbon removal credits and water offsets, which are packaged into investable products for financial institutions and corporations and sold via offtake agreements.

Traction

Cultivo reports a pipeline of sites covering more than 70 million hectares with 1.8 GtCO2 of carbon sequestration potential, a U.S. grassland restoration pipeline of about 650,000 acres, and total funding of over $20 million following its January 2024 Series A. Octopus Energy Generation committed to deploy up to $40 million into natural capital projects, later expanded to a $100 million agreement.

Latest developments

In December 2025 Cultivo acquired grasslands carbon project developer Kateri, following 18 months of collaboration between the two companies, adding rancher-focused project development capability in the U.S. In March 2026 Cultivo signed an expanded agreement with Octopus Energy Generation, taking the U.S. grasslands and carbon removal partnership to $100 million. The company has also announced a partnership with Isometric on a certified improved soil management protocol and a biodiversity collaboration with Princeton Hydro on Montana grasslands.

Full profile — market position, technology, go-to-market, geography, history

Market position

Cultivo positions nature-based projects as a shift from an alternative investment class toward fundamental infrastructure, with a stated pipeline of sites covering over 70 million hectares and carbon sequestration potential of 1.8 GtCO2, and operations across eight regions.

The company combines AI-driven, remote-sensing-based origination of natural capital assets with hands-on project design and operation, a holistic focus that goes beyond carbon to biodiversity, water and ecosystem health, and Public Benefit Corporation governance adopted at incorporation.

Technology

The platform uses proprietary algorithms, advanced data analysis, machine learning, generative AI, satellite imagery and remote sensing to digitize the origination and sourcing of natural capital assets, forecast natural capital returns, and provide transparent monitoring, verification and reporting of project impact. Project delivery incorporates field technologies including sensors and virtual fencing.

Go-to-market

Cultivo works through partnerships with capital providers such as Octopus Energy Generation and MassMutual Ventures, collaborations with data and standards organizations including IBAT and Isometric, and direct engagement with landowners and ranchers; its December 2025 acquisition of Kateri added rancher-level relationships and on-the-ground project development capability in the U.S.

Financial institutions, asset managers and corporations pursuing net-zero and nature-positive goals and seeking high-integrity carbon removal credits; landowners and ranchers; businesses and institutions holding land; and NGOs and project developers seeking funding partnerships.

Geography

Headquarters have been reported in Pleasanton, California, with a listed address in Berkeley, California; the company reports operating in eight regions, with restoration of forests and grasslands underway in the Americas, a U.S. grasslands focus including Montana and the Northern Plains, and project work in the Kunene Highlands.

History

Cultivo was incorporated as a Public Benefit Corporation in 2019 by Manuel Piñuela and James Clifton. It raised a $14 million Series A announced in January 2024, led by MassMutual Ventures and Octopus Energy Generation, bringing total funding to more than $20 million, and concurrently agreed with Octopus Energy Generation for the deployment of up to $40 million into natural capital projects. The company acquired Kateri in December 2025 and expanded the Octopus Energy Generation partnership to $100 million in March 2026.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Carbon sequestration potential of pipelineJan 20261.8 GtCO2
Employee countJan 202621-50
Project pipeline areaJan 202670,000,000 hectares
Regions of operationJan 20268 regions
Total funding raised to dateJan 2024$20M
U.S. grassland restoration pipelineDec 2025650,000 acres

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

2 people who came through Cultivo went on to found or lead other companies.

Timeline · 5

launches, deals, and filings
Mar 2026
Cultivo signs $100M agreement with Octopus Energy Generation

Cultivo signed an agreement expanding its U.S. grasslands and carbon removal partnership with Octopus Energy Generation to $100 million.

$100M source ↗

Jan 2026
Partnership with Isometric on certified improved soil management protocol

Cultivo announced a partnership with Isometric relating to a newly certified improved soil management protocol.

source ↗

Dec 2025
Cultivo acquires grasslands carbon project developer Kateri

Cultivo acquired Kateri, a carbon grasslands project developer focused on ranchers, after roughly 18 months of collaboration, to advance U.S. grassland restoration projects and add on-the-ground rancher engagement.

source ↗

Jan 2024
Octopus Energy Generation agreement to deploy up to $40 million into natural capital projects

In connection with its Series A, Cultivo entered into an agreement with Octopus Energy Generation for the deployment of up to $40 million into natural capital projects worldwide.

$40M source ↗

Jan 2024
Series A of $14 million led by MassMutual Ventures and Octopus Energy Generation

Cultivo Land PBC raised $14 million in Series A funding led by MassMutual Ventures and Octopus Energy Generation, with participation from Salkantay Ventures and Peña Verde, bringing total funding to over $20 million. Proceeds are directed at advancing its AI-driven platform for large-scale nature regeneration.

$14M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Cultivo do?
Cultivo is a public benefit corporation using AI and remote sensing to originate and finance nature-based land regeneration projects.
Who founded Cultivo?
Cultivo was founded by MANUEL PINUELA, Manuel Pinuela Rangel, Manuel Pinuela, PhD, James Clifton in 2019.
Who are Cultivo's investors?
Cultivo's investors include Capria Ventures, MassMutual Ventures, Mulago Foundation, Salkantay Ventures.
How much funding has Cultivo raised?
Cultivo has disclosed $34.3M raised across 5 of its 6 known rounds.
Where is Cultivo headquartered?
Cultivo is headquartered in Berkeley, US.