United States · Series B startup

Who invested in Chestnut Carbon

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

CleantechClimate Tech

Funding summaryUpdated 26 Oct 2026

$250Mraised across 2 rounds since 2025, from 2 sources

$160MSeries B$90MSeries B
Latest round
Series B, $90MSept 2025
Led by
CPP Investments
Biggest round
$160MSeries B · Feb 2025
Investors
6 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026
$160MSeries B$90MSeries B
First round
Series B, $160M
Feb 2025
Biggest round
$160M
Series B · Feb 2025
Between rounds
7 months
from the last two

The rounds

  1. Sept 2025
    Series B$90M2 new1 returning

    Reported by AlleyWatch

  2. Feb 2025

Founders and team

From Chestnut Carbon's own website: 10 on the team.

  • Ben DellChief Executive Officer
  • Jordan GolinkoffSenior Vice President, Product and Data
  • Brian DiMarinoChief Operating and Chief Commercial Officer
  • Greg AdamsChief Financial Officer
  • Jesse W. MosierGeneral Counsel and Chief Compliance Officer
  • Sarah FordChief Forestry Officer
  • Chris HansonBoard Director
  • Henry MakansiBoard Director
  • Nancy PfundBoard Director
  • Neda JafarBoard Director

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

CPP InvestmentsGrowth equity2rounds, led 1
JP MorganInvestment bank1round
Bank of Montreal (BMO)Corporate VC1round
DBL PartnersVC firm1round
CloverlayPrivate equity1round
KimmeridgeAsset manager1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Chestnut Carbon

Who invested in Chestnut Carbon?

Chestnut Carbon's investors include CPP Investments, JP Morgan, Bank of Montreal (BMO), DBL Partners and Cloverlay, and 1 more on record. CPP Investments led its latest round.

How much has Chestnut Carbon raised?

Chestnut Carbon has raised $250M across 2 rounds since 2025.

When did Chestnut Carbon last raise?

Chestnut Carbon's most recent round was a Series B of $90M in Sept 2025, led by CPP Investments.

What was Chestnut Carbon's biggest round?

Chestnut Carbon's largest round on record is $160M (Series B), in Feb 2025.

Who backed Chestnut Carbon first?

Chestnut Carbon's first round on record, in Feb 2025, was backed by CPP Investments, DBL Partners and Cloverlay and 1 others.

What stage is Chestnut Carbon at?

Chestnut Carbon's latest named round is a Series B, in Sept 2025.

Where is Chestnut Carbon based?

Chestnut Carbon is based in the United States.

Who led Chestnut Carbon's rounds?

CPP Investments led the Series B in 2025.

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