MittiLabs
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MittiLabs - overview
Established
2023
Location
London, -, UK
Primary Industry
Software
About
Based in London, UK, and founded in 2023 by co-founders Nate Torbick, Xavier Laguarta, and Devdut Dalal, MittiLabs operates as a developer of a remote agricultural analytic platform that offers tools like ground-truth MRV and data analytics to evaluate the GHG impact of regenerative farming using satellite imagery and biogeochemical models. In July 2024, MittiLabs raised USD 3 million in seed funding from Lightspeed Venture Partners, Voyager Ventures, and Overview. MittiLabs offers a solution for sustainable rice farming, focusing on specific practices like alternative wetting and drying, dry-seeded rice, and rice-stubble management. The company technology integrates artificial intelligence (AI), satellite imagery, and field data to monitor and manage farming practices.
It provides data monitoring to estimate GHG emissions and ensure project compliance with global standards. In addition, the firm uses artificial intelligence to reduce methane emissions by over 50%, decrease water usage by more than 40%, and improve farmer livelihoods by over 30%.
Current Investors
Lightspeed Venture Partners, Voyager Ventures, Overview Capital
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Farm Support Services, Agricultural Chemicals
Website
www.mittilabs.earth/
Verticals
Agtech, Cloud Computing
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
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