A Washington startup has landed $4.5 million to support ag-tech that turns crop and timber waste into carbon-trapping biochar that helps produce grow.
Qualterra, a company focused on sustainable agriculture, has successfully raised $4.5 million in seed funding to expand its operations. The company converts organic waste into biochar, a type of charcoal that not only sequesters carbon but also enhances soil fertility, thereby aiding in the fight against climate change. Biochar, when added to soil, can improve water retention, reduce the need for chemical fertilizers, and increase crop yields. This investment will help Qualterra scale up its production and distribution, aiming to make biochar a standard practice in farming to reduce greenhouse gas emissions and promote regenerative agriculture. The funding round was led by Lowercarbon Capital, with participation from other investors like Congruent Ventures, Amazon's Climate Pledge Fund, and X Factor Ventures.
Business & Finance
Sun, February 23, 2025
