Seqana, a Berlin, Germany-based provider of a SaaS platform that measures the climate impact of carbon farming projects, raised €2.1M in Seed funding.
The round was led by HTGF and Counteract with participation from existing investor ReGen Ventures, Axel Stepken (Former CEO @ TUEV SUED), Stefan Gross Selbeck (co-founder and former MD @ BCG Digital Ventures now BCG X ), as well as Klaus Kunz (former VP, Head of ESG @ Bayer, Founder @ Ephrin) and Ben-Elias Brandt (COO @ Ledgy).
The company intends to use the funds to accelerate its growth and refine its soil carbon measurement algorithm.
Led by CEO Stefan Gönner, Seqana is focused on enhancing the monitoring, reporting, and verification (MRV) of soil carbon through machine learning and satellite-enabled technology. This innovation facilitates carbon removal via soil carbon on a large scale, thus supporting carbon offset demands and the transition towards regenerative agriculture. Its MRV tools promise to make soil carbon measurement, promoting environmental stewardship among agrifood corporates, Project Developers and farmers worldwide and improving soil health with all its co-benefits.
FinSMEs
03/06/2024