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Home / Environment

Klim’s regenerative farming platform secures $22M to expand globally

Timothy Bueno avatar Timothy Bueno
November 20, 2024, 4:00 pm
November 20, 2024, 4:00 pm
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Klim’s regenerative farming platform secures $22M to expand globally
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Berlin-based AgTech startup Klim has secured a $22 million Series A funding round led by BNP Paribas, which has marked one of the largest investments in European AgTech this year. Klim is dedicated to facilitating the transition of farms to regenerative farming practices, which aim to reduce carbon emissions, increase biodiversity, and enrich soil health.

Klim offers a comprehensive platform that assists farmers in planning, executing, and financing the shift towards sustainable agriculture. The platform provides essential data on soil restoration, biodiversity enhancement, carbon capture, and emission reductions. Additionally, it enables farmers to monitor their progress and validate it to supply chain partners, potentially earning revenue through the sale of carbon insets within these supply chains.

The startup was founded in 2020 by Robert Gerlach, Nina Mannheimer, and Adiv Maimon. Over the past four years, Klim has served around 3,500 farmers, covering 700,000 hectares, approximately 5% of Germany’s total farmland. Its clientele includes major agricultural players like Nestlé, Kaufland, and Aryzta.

In an interview with TechCrunch, CEO Robert Gerlach highlighted the urgency of transitioning to regenerative practices due to the significant loss of soil organic carbon globally. Gerlach detailed Klim’s approach, which combines digital agronomic guidance with robust data analytics using satellite data, soil samples, and farmer inputs. This approach helps quantify the impact of regenerative practices without relying solely on carbon offsets.

The new investment will fuel Klim’s international expansion, allowing it to bring its innovative solutions to more markets globally. The startup operates in a competitive European AgTech landscape, with firms like Agricarbon, Regrow, and Soil Capital also making significant advances in sustainable agriculture technologies.

agricultural sustainability
environmental sustainability
financing
investment
regenerative agriculture
startup

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