Windfall Bio Raises $28 Million to Scale Methane-Eating-Microbe Industrial Emissions Solution.
Climate solutions startup Windfall Bio announced today that it has raised $28 million in a Series A funding round, with proceeds from the financing aimed at supporting the commercialization of its solution to capture and utilize methane from emissions-intensive industries.
Rapid reduction in methane emissions is seen as one of the most effective near-term actions that can be taken in order to help achieve the global climate goal to limit warming to 1.5°C. Methane, emitted from activity such as agriculture, fossil fuel production and transport, coal mining and landfills, is an extremely potent greenhouse gas, with as much as 80x the warming power of CO2.
Founded in 2022, California-based Windfall Bio provides a nature-based solution to capture methane emissions and transform it into organic fertilizer. The company’s solution utilizes methanotrophs, naturally occurring soil methane eating microbes, or “mems,” that capture methane from any source, along with nitrogen from the air, to produce bioavailable nutrients for plants, enabling industries ranging from agriculture and oil and gas to waste management to reduce their emissions footprint, while providing farmers with the ability to improve profitability and reduce environmental impact.