In a funding round headed by ElectriFI and overseen by EDFI Management Company, the biogas-tech startup Sistema.bio has successfully raised $15 million. In this round, existing investors Chroma Impact Investment, KawiSafi Ventures, AXA IM Alts, and others took part as well.
The money will be utilized to expand operations, advance technology, and boost client support.
In order to help farmers turn waste into organic fertilizer and renewable energy, Sistema.bio was founded in 2010 and produces sophisticated digesters. With the aid of Internet of Things-supported Measurement, Reporting, and Verification (MRV) programs, the company concentrates on carbon mitigation and climate change adaptation. Their technology turns animal waste into nutrient-rich biofertilizer and clean biogas for cooking and electricity.
Reducing CO2 emissions by more than 1 million tons annually, Sistema.bio, which operates across three continents, has impacted over 600,000 people and over 100,000 farms.
Sistema.bio is acknowledged as a pioneer in integrated renewable energy and agricultural technology for small-scale agriculture, having installed more than 100,000 biogas units in more than 35 countries.
