Carbonomy LLC

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

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

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.