Germany's Klim raises $22M to take its regenerative farming platform international [TechCrunch]
BNP PARIBAS SPONS ADR (BNPQY)
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Source: TechCrunch
that impact is easier said than done since there are simply so many moving parts to address. “Regenerative” farming is often touted as one way to make progress towards several sustainability goals, as it offers farmers an opportunity to reduce carbon emissions while increasing biodiversity and enriching soil. That directly impacts food production, and therefore, food supply. Berlin-based agritech startup Klim is working to get farms to switch to regenerative farming more easily, and to help expand its operations internationally, the startup recently secured a $22 million Series A funding round led by Europe's largest bank BNP Paribas. Notably, the round is one of the largest raised by agritech startups in Europe this year. With Klim, farmers get tools to plan, execute and finance the transition to regenerative practices. This includes data on restoring soil health, biodiversity, capturing carbon and reducing emissions. Farmers can also use Klim's platform to track the progress
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