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Mitti Labs secures $9.5 million in Series A funding led by Aramco Ventures. The funding will enhance its rice GeoAI platform and expand operations in Asia.

PRIVATEAug 05, 2026•4 days ago

Amount Raised

$9.5 Million

Round Type

Series A

BengaluruAgriculture and Farming

Investors

Volta CircleFrancis Family FundCisco FoundationGodrej Industries GroupLightspeed IndiaAramco Ventures

Description

Deep-tech company Mitti Labs has raised $9.5 million in a Series A funding round to support the deployment of its innovative rice GeoAI platform. This funding will help expand its geographical footprint in India and initiate projects in the Philippines and Indonesia. The funding round was led by Aramco Ventures, with participation from several other notable investors. The company aims to address water and climate stress in rice cultivation through advanced technology.

Company Information

Company

Mitti Labs

Location

Bengaluru, Karnataka, India

About

Mitti Labs is a startup focused on tackling methane emissions in rice farming. The company uses AI models trained on ground data and remote sensing to reduce water use by 30% and methane emissions by 50%, generating carbon credits. They collaborate with Syngenta Foundation, Tilda rice maker Ebro Foods, Cornell University, the International Rice Research Institute, and USDA on methane abatement and measurement technologies.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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