StratX, a climatetech company specialising in greenhouse gas reductions from landfills, has raised $1.19 million in a funding round led by Neglected Climate Opportunities (NCO) with participation from CarbonFix and an initial purchase commitment from Terraset. NCO is the Grantham Environmental Trust's venture capital vehicle. The startup was developed with support from Deep Science Ventures.
Uncovered landfills and dumps across the Global South are significant contributors to global warming, releasing massive quantities of methane and toxic gases. Beyond their climate impact, these sites pose risks to surrounding communities with air pollution, contamination of water supplies and sources of disease.
StratX’s proprietary landfill cover technology provides a nature-leveraged, scalable solution to these challenges. The covers combine locally-available soil and gravel with indigenous microbes to naturally oxidise methane, effectively ‘eating’ the gas before it can escape into the atmosphere.
StratX’s measurement technology substantially reduces the uncertainty of landfill gas quantification, allowing the company to generate high integrity, permanent carbon credits.
Unlike traditional containment methods that require heavy investment, StratX’s model is designed to convert older landfills into profit centers for municipalities. The company implements the technology at no cost to the landfill operator or local municipality and shares top-line credit sales revenues with operators, host governments and local communities.
