CarbonFarm has closed a $7.8 million Series A round to expand its work cutting methane emissions from rice farming. The company uses satellite imagery, field data, and greenhouse gas modeling to measure and verify emission reductions on smallholder farms. Investors include Colam Impact, Proparco, Suma Capital, and Bpifrance, with support from existing backers Serena and Techmind. Rice cultivation accounts for roughly 12% of human-caused methane emissions, and practices like periodic draining of paddies can cut emissions by up to 50% while reducing water use. CarbonFarm now operates in 19 countries and works with partners like Diageo, Mars Food, BASF, and the World Bank. The new funding will deepen its presence in Asia, Africa, and Europe and support expansion into Latin America. The company focuses on making rice carbon credits credible in regulated markets and corporate supply chains. By working through local cooperatives and agribusinesses, it aims to bring project development, finance, and independent measurement to tens of thousands of small farms.
