France
CarbonFarm, founded in 2021 and headquartered in France, is a pioneering player in the Agriculture and AgriTech sectors. With the pressing global challenge of achieving net-zero emissions by 2050, the company's mission is underscored by its slogan: "Providing transparency to incentivise sustainable practices in agriculture."
The agricultural industry is responsible for approximately 20% of global greenhouse gas emissions. CarbonFarm addresses this critical issue by leveraging satellite data and artificial intelligence to provide transparency in farming practices and emissions. This clarity not only aids carbon investors looking to fund sustainable farming but also encourages farmers to adopt eco-friendly methods.
In its latest funding round on October 20, 2023, CarbonFarm secured a significant €2.50M Seed Round investment from notable investors like AgFunder, Techmind, Bpifrance, Serena Capital, Climate Capital, Ponderosa Ventures, jeriko, Racine2, and MakeSense. The backing of these investors highlights strong confidence in the startup's potential impact on sustainable agriculture.
