Carbon Removal Startup Nori Raises $6.25M Led by Toyota Ventures, Appoints Matt Trudeau CEO

Carbon removal startup Nori raised $6.25 million led by Toyota Ventures and others, bringing total funding to $17.25 million, and appointed Matt Trudeau as new CEO. Nori sells blockchain-based carbon credits from farmers capturing carbon, has partnered with Bayer, and faces supply shortages amid growing offset demand.