SynopsisClimatetech startup Mitti Labs secured nine point five million dollars in funding. This capital will expand their presence across India and into new markets. The company uses satellite imagery and AI to promote water-efficient farming practices. Mitti Labs generates carbon credits by verifying emission reductions from these sustainable methods. These credits are then sold to corporations aiming for net-zero emission goals.Mumbai: Climatetech startup Mitti Labs has raised $9.5 million in a round led by Aramco Ventures (the venture capital arm of Saudi Aramco), with participation from existing and new investors including Lightspeed India, Godrej Industries Group, Cisco Foundation, Francis Family Fund, and Volta Circle.The Bengaluru and New York-based startup will use the fresh capital to expand its presence across India, enter the Philippines and Indonesia, andNow Playing
Climatetech startup Mitti Labs raises $9.5 million led by Aramco Ventures - The Economic Times
Climatetech startup Mitti Labs secured nine point five million dollars in funding. This capital will expand their presence across India and into new markets. The company uses satellite imagery and AI to promote water-efficient farming practices. Mitti Labs generates carbon credits by verifying emission reductions from these sustainable methods. These credits are then sold to corporations aiming for net-zero emission goals.
TL;DRAI
Mitti Labs closed $9.5M led by Aramco Ventures to expand satellite-AI sustainable farming and verified carbon credit sales. Taps corporate net-zero demand: monetizes verified emission reductions as tradeable ESG compliance assets at enterprise scale.
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