Seqana raised €2.1M in a seed funding round led by HTGF and Counteract, with additional support from ReGen Ventures to develop ground-breaking technology for soil carbon measurement

Jun 05, 2024•over 1 year ago

Amount Raised

€2.1 Million

Round Type

seed

BerlinSaasAgriculture and FarmingSoftware

Investors

Re Gen VenturesCounteractHtgf

Description

Seqana, a Berlin-based Software as a Service (SaaS) platform, has successfully completed its seed funding round of €2.1 million. The funding, led by HTGF and Counteract, with additional support from existing investor ReGen Ventures, will enable Seqana to further develop its technology aimed at revolutionizing the way soil carbon levels are measured, reducing costs by up to 50%.

Company Information

Company

Seqana

Location

Berlin, Berlin, Germany

About

Seqana is a Berlin-based, B2B start-up that specializes in satellite-based stratification and monitoring of Soil Organic Carbon (SOC) for the Voluntary Carbon Market. We design your SOC baseline and monitoring soil sampling plans in full compliance with VM0042 and other methodologies' requirements. We save you up to 80% of sampling costs thanks to our proprietary technology based on remote sensing data and machine learning. To support your decision-making, we remotely quantify SOC in your (prospective) project areas. Carbon sequestration in soils is an essential component in the fight against climate change. Our machine learning-based analytics enables farmers, project developers, NGOs, and large corporations to profit from carbon sequestration practices at a fraction of the cost.

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