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Tyson Ventures Invests In Athian's Cloud-Based Carbon Credit Marketplace For Livestock Sector

Mar 14, 2023almost 3 years ago
IndianapolisFarmingAgriculture and Farming

Investors

Newtrient LlcElanco Animal Health IncorporatedTyson Ventures

Description

Athian (athian.ai), the world's first cloud-based carbon marketplace for the livestock industry, announces a seed investment from Tyson Ventures, the venture capital arm of Tyson Foods, Inc., one of the world's largest food companies and a recognized leader in protein. This latest investment from Tyson Ventures, along with previous investments from Elanco Animal Health Incorporated (NYSE: ELAN) and Newtrient LLC, will fast-track the launch of the first-of-its kind transactional carbon credit inset program for the livestock sector that will provide producers economic incentives for on-farm sustainability practices, while helping improve the sustainability of the food system and reduce climate warming.

Company Information

Company

Athian

Location

Indianapolis, Indiana, United States

About

Athian's cloud-based platform benchmarks, validates, and certifies GHG reductions, carbon capture, and energy production to monetize sustainability in a centralized marketplace. We’re creating an industry-led platform to fund carbon offset projects within the livestock value chain, enabling producers to make systemic change while optimizing their operations.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers