Alt Carbon (Seed)

Funding Details
Awarder
RSS - techcrunch.com
Date Award
May 21, 2025
Vertical
Climate Tech
Funding URL
View Funding Page
Funding Amount:
$12,000,000

Company Info
Founding Year
2023
Traction
Alt Carbon aims to remove 5 million tons of carbon by 2030 and has already started pilot projects on 500 acres of land, expanding to 500,000 hectares.
Organizations Involved
Frontier, Stripe, Alphabet, Meta, Shopify, McKinsey, South Pole, Mitsubishi Corporation, BCG Group, Swiss RE, LGT, UBS
Founders
Shrey Agarwal, Sparsh Agarwal
Company Description
Alt Carbon is a climate tech startup that locks away carbon for thousands of years through enhanced rock weathering on farmlands. The company aims to scale its carbon dioxide removal work in India, particularly in the Darjeeling region, by utilizing waste basalt rock dust to improve soil fertility and capture carbon.
Market
Carbon Removal
Location
Darjeeling, West Bengal, India
Coinvestors
Lachy Groom

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