GOVO Venture Partners, along with M4 Investing and the Florida Opportunity Fund, is co-leading a $5M seed investment round in Miami-based Kind Designs. This is the third portfolio company investment GOVO has made since announcing the launch of its venture fund, GOVO Fund I, in January.
Kind Designs is a climate-tech startup producing eco-friendly, 3D printed seawalls to protect coastal communities from rising sea levels. Through the use of patent-pending technology, Kind Designs prints Living Seawalls that mimic coral reefs and mangroves – hosting biodiversity and improving the quality of the water. The Living Seawalls sequester carbon and collect water quality data through embedded sensors.
“In response to sea level rise, government agencies throughout the world will seek to adopt policy and guidance for ecologically responsible sea walls. By applying its proprietary and innovative technology, Kind Designs is setting the standard and solving a global problem. We look forward to collaborating with our co-investors and the Kind Designs team as they work to become the market leader in the space,” said Rob Panepinto, Managing General Partner at GOVO.
”We are thrilled to have a Florida-based firm with deep roots in the community and government expertise lead our round, enabling us to protect all coastal cities with Kind’s Living Seawalls and grow far beyond our home state of Florida,” said Anya Freeman, Founder and CEO of Kind Designs.