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