Boomitra Raises $4 Million from Yara Growth Ventures
By Prabhjeet Bhatla
In the near future, the company seeks to enable farmers to be a key part of the solution to addressing climate change
The US-based Boomitra announced an investment of $4 million, led by Yara Growth Ventures.
Boomitra is working on accelerating carbon removal from the atmosphere on a global scale, through agricultural soils. It operates an international soil carbon market where corporations and governments are able to get the lowest-cost internationally certified carbon removal credits and farmers around the world are incentivized to increase soil organic carbon (SOC), sequestering CO2.
Source: Entrepreneur (link opens in a new window)
- Agriculture, Environment