Agreena ApS

Based in Denmark, Agreena ApS specializes in carbon farming solutions, facilitating the transition to regenerative agricultural practices while enabling farmers to earn carbon credits through sustainable methods. Founded in 2018 in Copenhagen, Denmark, Agreena ApS focuses on promoting sustainable agricultural practices. The company has successfully raised EUR 46. 00 mn in Series B funding as of March 30, 2023, led by HV Capital, alongside other investors.

Julie Fahler founded Agreena, which has completed a total of 5 funding deals to date. Agreena's primary offering is AgreenaCarbon, which empowers farmers to transition to regenerative agricultural methods and earn carbon credits under Verra's Verified Carbon Standard. The platform utilizes scientific Measurement, Reporting, and Verification (MRV) technology to provide essential agricultural data, thereby engaging farmers and serving clients across various European countries, including the United Kingdom, Denmark, Germany, and Spain. Agreena's revenue is generated from the sale of carbon credits linked to the AgreenaCarbon program.

The business model includes a subscription service for farmers and corporations, enabling ongoing access to its offerings, in addition to one-time carbon credit purchases. This revenue structure is reinforced through partnerships with stakeholders in agriculture and sustainability sectors. Following the Series B funding round in March 2023, Agreena plans to utilize the EUR 46. 00 mn raised to accelerate its carbon farming initiatives, specifically by connecting farmers with climate-conscious corporations.

The company aims to expand its carbon farming operations and plans to introduce new products aimed at enhancing its service offering. Future geographic expansion includes targeting markets across Europe, with specific strategies to penetrate additional countries, although specific dates for these expansions have not been disclosed.