Breakthrough Energy Catalyst is a public-private fund headed by Bill Gates which is intended to financially support various startup who work in clean energies for the care of the environment.
Breakthrough Energy was founded in 2015 by the technology magnate in order to make donations to those entrepreneurs who work in clean energy.
Among the startups that work to have a cleaner environment is Pachamama, founded by Tucuman Diego Saez-Gil in 2018.
You measure how much carbon companies emit and the environmental impact they produce, and then, based on this, industries have to buy “carbon bonds” to Pachamama.
The technology “focuses entirely on leveraging data, artificial intelligence and automation to protect ecosystems, restore forests and improve carbon markets.
In April 2021, the startup announced that it had closed a financing round of $15 million, who led, precisely, Breakthrough Energy, from Bill Gates followed by Amazon’s Climate Pledge Fund, Saltwater -fund of Ryan Graves -founder of Uber- and Lowercarbon Capital.
Diego Saez-Gil, that actually He lives in California, thought about the creation of Pachama after taking a trip with his brothers through the Amazon.
“One of the most effective solutions to combat climate change is to reforest and take care of forests, because trees capture carbon from the atmosphere.