French startup CarbonFarm Technology raises a €2.5M Seed round to decarbonize rice through satellite-verified carbon credits

CarbonFarm offers “end-to-end services” that include satellite monitoring of practices, quantifying greenhouse gas emissions, managing the carbon certification process, and finally, brokering the credits on voluntary carbon markets. Here are details of CarbonFarm‘s latest funding round :

🚀 Launch

2021

🏭 Industry

Environment

🧠Management

Vassily Carantino (CEO), James Hastwekk (CTO), Dr. Hoa Phan (Lead Scientist), Hieu Nguyen (COO), Tim Chapman (Chief Data Architect)

💸 Funding & Investors

INVESTMENT (October 2023)€2.5 million (Seed)
INVESTORS (October 2023)Racine2, operated by Serena and makesense; TechMind, Ponderosa, AgFunder, Climate Capital, and BPI France.

🎯 Funding purpose

Expansion across the world’s biggest regions for rice cultivation including Asia, Africa and South America.

🌐 Country HQ

France (Paris)

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