Regenerative Farming Carbon Credit Startup Agreena Raises $50 Million

Regenerative farming-focused climate and fintech startup Agreena announced that it has raised €46 million (USD$50 million), in a Series B financing led by venture capital investor HV Capital.

Founded in 2017, Copenhagen-based Agreena provides a soil carbon certification platform, supporting farmers in the transition to regenerative agriculture practices through the issuance of third-party verified carbon certificates.

Regenerative agriculture practices are aimed at addressing the environmental impact of the sector, and include techniques to improve and restore ecosystems, build soil health and fertility, reduce emissions, enhance watershed management, increase biodiversity, and improve farmers’ livelihoods. Agreena’s platform enables farmers to plan, track and validate improvements through the implementation of regenerative practices, while the certificates also provide companies looking to offset their emissions with carbon credits from capturing and storing carbon in the soil, and offering companies in the food supply chain with field-level traceability of their agricultural commodities to meet Scope 3 reporting requirements.

Simon Haldrup, Co-founder and CEO of Agreena, said: