Origin Merchant Partners is pleased to announce that MyLand Company Inc. (“MyLand”) has raised $12 million in the first closing of its Series B financing round led by Climate Innovation Capital (“CIC”) and Waterpoint Lane (“WPL”). Origin Merchant Partners was a financial advisor to MyLand with respect to this transaction.
Myland is a soil health company, helping to tackle two of the world’s biggest challenges: food security and climate disruption. MyLand’s innovative and patented technology allows farmers to rapidly implement regenerative agriculture practices and improve their soil health by harnessing the land’s own natural ecosystem. MyLand partners with farmers to infuse life into the soil, helping to return farms to their most fertile state, achieving greater productivity and enhanced profitability.
WPL manages investments in and provides strategic growth support to a portfolio of growth oriented businesses with a view to the triple bottom line – profit, people and the planet. WPL’s focus is on growth stage companies and consumer products that support and promote sustainable practices throughout our food system.
CIC invests in entrepreneurs with climate technologies and businesses that have the potential to deliver significant financial returns and the greatest carbon reductions in the shortest period of time. As founders, operators, investors and climate advisors, CIC works to leverage its team’s experience, insight and networks to be strong partners to its portfolio companies and investors.