What is Boomitra?
Boomitra operates as a leading agricultural carbon marketplace, facilitating connections between farmers who generate carbon credits and large corporations or governments seeking to purchase them. The company leverages satellite technology for remote certification and monitoring of soil organic carbon levels, even on fields as small as two hectares. This capability enables the onboarding of farmers globally, irrespective of their land size, thereby democratizing access to carbon markets.
How much funding has Boomitra raised?
Boomitra has raised a total of $4M across 1 funding round:
Angel/Seed
$4M
Angel/Seed (2021): $4M with participation from Yara
Key Investors in Boomitra
Yara
Yara is a crop nutrition solutions and precision farming company based in Oslo, Norway. They develop digital farming platforms for precision farming to create climate-friendly crop nutrition solutions.
What's next for Boomitra?
The recent major strategic investment positions Boomitra for significant scaling and expansion. This capital infusion is expected to accelerate the development of its carbon certification technology and broaden its market reach. The company's focus on precision agriculture and verifiable carbon sequestration aligns with global environmental goals, suggesting a trajectory towards becoming a dominant player in climate-smart agricultural solutions and carbon credit markets.
See full Boomitra company page