Friday, 19th September 2025

Money Control

Bengaluru-based climate-tech firm Equilibrium has raised $3 million in seed funding from Kalaari Capital, Peak XV Partners and Avaana Capital. The company develops carbon removal projects across agroforestry, regenerative agriculture, mangrove restoration and biochar. The capital will be used to expand eight projects across nine states, covering 120,000 hectares of land and involving over 150,000 smallholder farmers, the startup said on September 20. These initiatives are expected to help removed more than 20 million tonnes of carbon, it said. Founded by Siddhanth Jayaram, Equilibrium works with farmer-producer organisations (FPOs), NGOs and other agri-value chain players to build large-scale projects. Its model combines carbon science with digital monitoring and reporting systems, and includes “waste-to-value” approaches such as converting crop residues and invasive species into biochar and soil enrichment products.This is Equilibrium’s second fundraise this year. Early this year, it secured a $2 million blended finance facility from international and domestic philanthropies and carbon financiers, aimed at reducing emissions in paddy and maize supply chains. That programme covered over 10,000 smallholder farmers. The company has also partnered with global carbon insurance providers, ecological restoration specialists and agricultural research institutions to strengthen its ability to scale.