Google and Microsoft-backed Terradot acquires competitor in carbon removal | TechCrunch

Farmer spreading chicken manure mixed with lime on newly harvested meadow

Carbon removal company Terradot is acquiring competitor Eion, the two companies announced today. Sales have largely been driven by large investors, such as sovereign wealth funds, who want to work with companies that can handle large orders. Eion was simply too small, Eion CEO Anastasia Pavlovic Hans told The Wall Street Journal. Both companies spread … Read more

India’s Varaha Earns $20 Million to Decarbonize the Global South | TechCrunch

Varaha project at a farm

Varaha, an Indian climate technology startup, has raised $20 million in new funding as it seeks to expand carbon removal projects in the Global South and become a lower-cost supplier of proven emissions reductions. The investment represents the first part of a planned $45 million Series B round led by WestBridge Capital, the climate technology … Read more