Mast Reforestation Secures $25 Million for Wildfire Recovery; Comulate Raises $20 Million Amid LA Fires

Mast Reforestation, a company focused on wildfire recovery and carbon capture, has secured $25 million in new funding. This investment will support the expansion of its operations into 'wood vaulting,' a process that involves locking away carbon captured in vegetation. The funding comes at a time when insurance companies are facing potential losses in the billions due to disasters like the recent fires in Los Angeles. Additionally, Comulate has raised $20 million to develop technology aimed at improving operational efficiency for insurance firms dealing with such disasters.