The Nest has invested £9 million in Agricarbon, a company focused on soil carbon measurement solutions, aligning with the increasing demand for sustainable agricultural practices in the UK.
Information on the Target
Agricarbon, a pioneering company specializing in soil carbon measurement solutions, recently closed a £9 million Series A funding round. This funding will bolster their innovative approach to accurately and affordably measure soil carbon, which is crucial for regenerative agriculture. Since launching operations in Europe in 2022 and expanding to North America this year, Agricarbon has positioned itself as a leader in providing essential ground-truthing services to food and beverage companies, carbon project developers, and natural capital asset managers.
Through its proprietary technology, Agricarbon enables stakeholders in the agriculture sector to enhance their sustainability efforts by offering precise data on soil health and carbon sequestration capabilities. This advancement plays a pivotal role in addressing climate change, as effective carbon management becomes increasingly vital for the agricultural industry.
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Industry Overview in the Target’s Specific Country
The agricultural industry in the United Kingdom is experiencing significant transformation, particularly focused on sustainability and climate resilience. Recent pledges during the COP28 conference, including $7 billion towards agriculture and climate transition, reflec
Similar Deals
The Nest
invested in
Agricarbon
in 2023
in a Series A deal
Disclosed details
Transaction Size: $11M