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Developer of microbial products for soil-based carbon sequestration

Founded in 2019
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Company type Private Public ()
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Industry Group agriculture & food

Sector crop inputs

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Australia Orange, Australia
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Updated by Cleantech Group on 12/22/2023

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03/28/2022
Shopify Shopify
Shopify is supporting nine companies through its Sustainability Fund, bringing its total carbon removal purchase commitment to $32M. This round of purchases cements Shopify's position as one of the largest corporate purchasers of long-term carbon removal (aka pulling carbon dioxide out of the atmosphere and storing it 100+ years) globally with 39,380 tonnes total.
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Date Investors Type Amount
02/13/2023 Lowercarbon Capital Lowercarbon Capital , Wollemi Capital Wollemi Capital , Horizons Ventures Horizons Ventures , Acre Venture Partners Acre Venture Partners , Main Sequence Main Sequence , Clean Energy Finance Corporation Clean Energy Finance Corporation , Grok Ventures Grok Ventures (7)
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It will use the A$105m (US$73m) funding to expand availability of its seed coating that boosts plants’ ability to store carbon in the soil, and to support the commercial launch of its CarbonBuilder seed inoculum and SecondCrop carbon business to farmers in Australia.
 Series B $73,000,000
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