What is Loam Bio?
Loam Bio is at the forefront of carbon removal, collaborating with farmers and scientists to achieve large-scale, high-quality carbon sequestration. The company's proprietary CarbonBuilder technology, a biological seed treatment, enables plants to efficiently convert atmospheric CO2 into stable soil carbon. Through its SecondCrop soil carbon projects, Loam Bio empowers grain farmers to monetize stored soil carbon while simultaneously enhancing soil health and agricultural sustainability. This approach represents a world-first in biological carbon sequestration, offering a scalable solution to climate change.
How much funding has Loam Bio raised?
Loam Bio has raised a total of $173M across 2 funding rounds:
Series B
$73M
Other Financing Round
$100M
Series B (2023): $73M with participation from Horizons Ventures, Wollemi Capital, Acre Venture Partners, and Lowercarbon Capital
Other Financing Round (2024): $100M, investors not publicly disclosed
Key Investors in Loam Bio
Horizons Ventures
Horizons Ventures focuses on investing in deep science and technology aimed at advancing humanity towards a significantly improved future. The company seeks to support innovative projects that have the potential to create transformative changes.
Acre Venture Partners
Acre Venture Partners invests in companies that are driving fundamental change in food and agriculture to tackle significant challenges related to human and environmental health. They partner with businesses developing innovative technologies and infrastructure that promote a sustainable food system.
Lowercarbon Capital
Lowercarbon Capital backs kickass companies that make real money slashing CO2 emissions, sucking carbon out of the sky, and buying us time to heal the planet.
What's next for Loam Bio?
With this substantial strategic investment, Loam Bio is poised to significantly scale its CarbonBuilder technology and expand its SecondCrop soil carbon projects. The company's focus will likely be on further research and development to optimize the biological seed treatment, enhance carbon sequestration efficiency, and broaden its farmer network. This backing will also support Loam Bio's efforts to solidify its market position as a leader in biological carbon removal, potentially exploring new agricultural markets and partnerships to maximize its climate impact and commercial reach.
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