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Hedonova Invests $16M In Carbonomy's Series A Round To Help Farmers Increase Revenue Through Carbon Credits

PRIVATEMar 13, 2023

Amount Raised

$16 Million

Round Type

Series A

New YorkAgriculture and FarmingFarmingFarmers Market

Investors

CarbonomyHedonova

Description

Hedonova, a Paris-based hedge fund, has announced its equity investment of $16 million in Carbonomy's Series A funding round at a valuation of $130 million. Carbonomy is a firm that helps farms become sustainable and increase their revenues by earning carbon credits.

Who else raised in Agriculture and Farming and Farming around the same time

Companies in the same sectors as Carbonomy that raised within 45 days of this round, from Fundz verified event records.

  • HeavyFinance raised $3.3M (Seed) on March 24, 2023.
  • CropX Technologies raised $30M (Series C) on April 19, 2023.
  • Athian raised an undisclosed amount (Funding Round) on March 14, 2023.
  • Terviva raised $20M on February 28, 2023.
  • Source.ag raised $23M (Series A) on February 23, 2023.
  • American Ostrich Company raised $1M (Seed) on February 14, 2023.

Who to call at Carbonomy, and when

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Company Information

Company

Carbonomy

Location

New York, United States

About

Carbonomy's platform enables farms to earn carbon credits by adopting sustainable practices such as reducing the use of fertilisers and pesticides, improving soil health, and implementing renewable energy solutions. Carbonomy helps farmers reach certain standards which allow them to earn carbon credits. These credits can then be sold to companies and organisations that want to offset their carbon footprint and achieve their sustainability goals.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Carbonomy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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