Carbonomy LLC
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Carbonomy LLC - overview
Location
Los Angeles, CA, US
Primary Industry
Agribusiness
About
Based in California, US, Carbonomy LLC operates as an agriculture business and provides a platform that enables farms to earn carbon credits by adopting sustainable practices such as reducing the use of fertilisers and pesticides, improving soil health, and implementing renewable energy solutions. As of March 2023, Mark David Frank serves as the CEO of the company. In March 2023, Carbonomy raised USD 16 million in Series A funding from Hedonova, valuing the company at USD 114 million in pre-money. The company offers a platform that allows farmers to earn carbon credits by following sustainable practices such as lowering fertilizer and pesticide use, enhancing soil health, and installing renewable energy solutions.
The platform provides farmers with pre-paid carbon credits, sustainable farmer loans, and sustainable land programs for landlords. The firm provides software for GHG monitoring, data verification, and certifications. Carbonomy works with agribusiness dealers, banks, food companies, and landlords to make climate-positive food production profitable. The organization plans to use the March 2023 funding to expand the platform and reach more farmers, helping them earn more revenue while adopting environmentally responsible practices.
Current Investors
Hedonova Advisors
Primary Industry
Agribusiness
Sub Industries
Business Support Services, Financial Services, Environmental Services, Analytics & Performance Software
Website
www.carbonomy.com
Verticals
Artificial Intelligence, Clean Technology, Cloud Computing, Cloud Computing
Company Stage
Series A
Total Amount Raised
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