Climate-tech startup Equilibrium raises $3 M from Kalaari, Avaana, others
In its first institutional funding round, climate-tech startup Equilibrium raised $3 million from Peak XV Partners, Avaana Capital, and Kalaari Capital.
The money will go toward expanding operations, bolstering its technological platform, and accelerating the completion of its eight ongoing carbon removal projects.
Established in 2024 by Siddhanth Jayaram, Equilibrium provides businesses striving for net-zero emissions with full-stack carbon removal solutions. It involves more than 60,000 farmers and coastal communities in agroforestry, regenerative farming, mangrove planting, and biochar projects.
Equilibrium collaborates with corporations, technology companies, and project financiers to develop and oversee carbon removal projects, monitor their progress through technology, and then offer carbon credits or removal units to clients who have net-zero objectives.
A project pipeline already in place at the startup can remove more than 20 million tonnes of CO₂ over the long term.
In addition to operating in nine Indian states—Maharashtra, Tamil Nadu, Karnataka, Andhra Pradesh, West Bengal, and Gujarat—it intends to grow in the coming quarters by entering neighboring South Asian nations like Nepal and Sri Lanka.
