MITTI LABS RAISES $9.5 MILLION TO BUILD WATER RESILIENCE IN ASIA'S RICE FIELDS
7 Articles
7 Articles
Mitti Labs Bags $9.5M to Ramp Up Climate-Smart Rice Farming in Asia with AI
5 Mins Read US startup Mitti Labs has secured $9.5M in Series A funding to scale its AI-led technology that reduces water use and methane emissions on rice farms in Asia, converting savings into verified carbon credits. A particularly destructive El Niño wave and rising costs are set to drag down global rice output for the first time in over a decade, with Asia facing the largest volume drop. The relationship between one of the world’s most stap…
Mitti Labs Raises $9.5 Mn Series A Led by Aramco Ventures
Mitti Labs, a climate-tech company headquartered in New York with operations run out of Bengaluru, has raised $9.5 million in a Series A round led by Aramco Ventures, the venture arm of Saudi Aramco, marking the fund’s first investment in India. Returning investor Lightspeed India was joined by first-time backers Godrej Industries Group, Cisco Foundation, Francis Family Fund and Volta Circle, taking Mitti Labs’ total raised to $12.5 million. The…
Indian textile body inks pact with global cotton forum for regenerative farming, carbon credit generation
India’s apex industry chamber representing the textile and clothing sector has signed an agreement with the global cotton body to develop projects based on regenerative agricultural practices, it said.
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