CarbonFarm raises €7M to tackle methane emissions from rice cultivation

CarbonFarm, a

digital monitoring, reporting and verification (MRV) provider specialising in

rice decarbonisation, has raised €7 million in an oversubscribed Series A

funding round to expand its technology and support projects worldwide. The

round was led by Colam Impact, with participation from Proparco, Suma Capital,

elea, Working Capital Fund, Albo and Bpifrance. Existing investors Serena and

makesense, through Racine2, and Techmind also participated.

CarbonFarm develops

technology and provides project development services to help the rice industry

reduce greenhouse gas emissions…