Sistema.bio, a biogas-tech company, has successfully raised $15 million in a funding round led by ElectriFI, managed by EDFI Management Company. Existing investors, including Chroma Impact Investment, KawiSafi Ventures, AXA IM Alts, and others, also participated in this round.
The funds will be used to scale operations, enhance technology, and improve customer service.
Founded in 2010, Sistema.bio manufactures advanced digesters that enable farmers to convert waste into renewable energy and organic fertilizer. The company focuses on carbon mitigation and climate change adaptation, using IoT-supported Measurement, Reporting, and Verification (MRV) programs. Their technology transforms animal waste into clean biogas for cooking and electricity, while producing nutrient-rich biofertilizer.
Operating across three continents, Sistema.bio has impacted over 100,000 farms and more than 600,000 people, reducing CO2 emissions by over 1 million tons annually.
With more than 100,000 biogas units installed in over 35 countries, Sistema.bio is recognized as a leader in integrated renewable energy and agricultural technology for small-scale agriculture.
By Entrackr
Source: Entrackr