Klim raised $22 million to expand its regenerative agriculture platform, helping farmers adopt sustainable practices and food companies reduce emissions. The funding round was led by BNP Paribas.
Klim, a Berlin-based agritech startup, has raised $22 million in a Series A funding round to facilitate global expansion of its platform, which supports farmers in transitioning to regenerative agriculture. This round, led by BNP Paribas, marks one of the largest agritech investments in Europe this year and includes backing from Earthshot Ventures, Rabobank, and AgFunder.
Regenerative agriculture focuses on restoring soil health, increasing biodiversity, and capturing carbon, which collectively contribute to reducing greenhouse gas (GHG) emissions from agriculture. With over 80% of food production-related emissions stemming from this sector, companies like Klim are critical in addressing the climate impact of global food systems.
Founded in 2020 by Robert Gerlach, Nina Mannheimer, and Adiv Maimon, Klim provides a comprehensive platform that equips farmers with the resources and guidance needed to implement sustainable practices. Gerlach explained, “You need to do two things to get a farmer to regenerative agriculture. The first is a digital agronomist that shows them how to best start for their particular farm’s context. This includes how to minimize the risk, for example, starting with only 5% of the farm, choosing the right methods.” He added that Klim uses satellite data, soil samples, and other metrics to quantify GHG reductions.
Farmers using Klim’s platform can also earn revenue through carbon insets, which are environmental credits linked to supply chains. By selling these insets on Klim’s marketplace, farmers can generate additional income. Food companies, facing heightened regulatory pressure to reduce supply chain emissions, benefit from these ecosystem services to meet sustainability goals.
With over 3,500 farmers cultivating 700,000 hectares of land already using Klim, clients include prominent food industry names like Nestlé and Kaufland. The startup’s Series A funding will support its expansion beyond Germany and enhance its platform to meet the growing demand for sustainable agriculture solutions worldwide.
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