Press Release: Sistema.bio Secures $15 Million in Additional Financing to Accelerate Global Expansion
Sistema.bio, a global leader in biogas technology, announces it has secured a package of US$15 million in financing to fuel its global growth. The company has grown its sales by over five times in the last three years, driven by deep climate, economic and health impacts for farmers worldwide. The current funds will support the continued growth of its partnerships, markets served and range of bioenergy products delivered to farmers.
Led by ElectriFI , managed by the EDFI Management Company , the financing was completely funded by Sistema.bio ‘s existing investors and will cover a variety of growth and diversification goals ahead of Sistema.bio ‘s anticipated Series C financing in 2025. A large portion of Sistema.bio ’s existing equity investors participated in the financing, including Chroma Impact Investment , KawiSafi Ventures , AXA IM Alts , Blink CV , and EcoEnterprises Fund . Additional financing was provided by existing lenders FMO , Triodos and EcoEnterprises as extensions to existing facilities. BIX Capital , and UK Charity Shell Foundation provided the catalytic junior debt, co-funded with UK aid from the UK Government.
“This strategic investment underscores the confidence of Sistema.bio’s investors in the company’s mission to scale up its transformative impact across Asia, Africa and Latin America, ” said Joyce Cacho, Independent Board Chair at Sistema.bio.
Building on 2021 Series B funding , the financing package in 2024 is designed to fund growth and unlock additional external capital. This will further fuel Sistema.bio’s expansion and innovation in its efforts to provide affordable, sustainable energy and regenerative agricultural solutions to family farmers worldwide.
“We are proud to strengthen our partnership with Sistema.bio, a company that consistently delivers scalable, high-impact solutions for smallholder farmers ,” said Liesbet Mijlemans, Senior Investment Officer at EDFI Management Company. “ Their technology not only provides clean energy but also boosts agricultural resilience, which is critical in underserved regions.“
Source: Sistema.bio (link opens in a new window)
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