Terraton Raises $11.5M to Scale Carbon Removal Operations in Africa
Terraton, a pioneering biochar platform focused on scaling carbon dioxide removal (CDR), has successfully closed an $11.5 million seed funding round. This significant capital injection is earmarked for expanding the company’s innovative climate tech solutions across Africa and other key emerging markets. The funding marks a pivotal moment for the continent’s growing carbon removal sector, highlighting investor confidence in solutions that empower local industries while addressing global climate challenges. Terraton aims to make a substantial environmental and economic impact by integrating its technology within the region’s agricultural landscape, fostering both sustainability and new revenue opportunities.
Empowering Agribusiness with a Full-Stack Platform
The funding round was co-led by prominent climate investors Lowercarbon Capital and Gigascale Capital. It also attracted participation from a distinguished group of angel investors, including Jeff Dean, Bret Taylor, Pete Koomen, Lars Rasmussen, John Lilly, Tom Stocky, and others. Additional strategic investments came from ANA HOLDINGS INC.’s ANA Future Frontier Fund L.P. and East Japan Railway Company’s TAKANAWA GATEWAY Global Co-Benefits Fund L.P., underscoring the global interest in Terraton’s model. According to CEO Kevin Gibbs, the company is focused on a critical mission: “We’re bridging the divide between high-demand biochar carbon credits and the agribusinesses who produce them.” Gibbs explained that Terraton’s full-stack platform simplifies the process of bringing these valuable credits to the voluntary carbon market by removing prohibitive upfront costs and operational complexity for agricultural producers.
This $11.5 million investment is more than just financial backing; it’s a validation of Terraton’s strategy to unlock the potential of biochar in emerging economies. By focusing on Africa, the company is positioning itself to support local agribusinesses, create sustainable income, and contribute meaningfully to the global carbon removal effort. As Terraton scales its operations, its work will be crucial in building a more robust and accessible voluntary carbon market on the continent, turning agricultural byproducts into a valuable and verifiable tool for climate action and economic diversification.
Keywords
Related Keywords: Terraton funding, Carbon Dioxide Removal, Climate Tech Africa, Carbon Removal Investment, Terraton Africa, CDR Technology, Sustainable technology Africa, Climate change solutions Africa
