This week, we were thrilled to lead the USD 22.5 million Series A funding round of Agreena, a Danish AgTech startup that mints, verifies and sells carbon certificates generated by farmers who transition to regenerative farming.
In essence, Agreena enables turning agricultural land into carbon sinks, using their technology to reduce greenhouse gases in our atmosphere at scale. The company’s offer combines a vertically-integrated tech solution with deep knowledge in sustainable agricultural practices. This rare mix creates the right incentives for farmers who want to shift to regenerative agriculture and leverage the buoyant voluntary carbon credit market.
Agreena currently serves more than 150 farmers in nine countries, with more than 50,000 hectares of farmland yielding regeneratively. With the new funding, the company will expand geographically, as well as further develop its tech-stack with blockchain logic to enhance market transparency and traceability.
We are excited by Agreena and the overall opportunity to participate in the shift to regenerative agriculture, and in turn the transformation of the wider food ecosystem. Here are three reasons why: