Boomitra
Financials
Estimates*
USD | 2023 |
---|---|
Revenues | 4.6m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | - | |
$4.0m | Seed | ||
* | £1.0m | Grant | |
Total Funding | $5.3m |
Recent News about Boomitra
EditBoomitra is a pioneering company in the carbon marketplace sector, utilizing advanced satellite and AI technology to measure, report, and verify soil carbon credits globally. The company serves a diverse range of clients, from smallholder farms of 0.5 acres to large ranches spanning 100,000 acres, making carbon finance accessible to landowners of all sizes. Operating in the environmental and agricultural markets, Boomitra's business model revolves around generating and trading carbon credits, which are financial instruments representing the removal of carbon dioxide from the atmosphere. These credits can be sold to companies and organizations looking to offset their carbon emissions, thereby providing a revenue stream for Boomitra and its clients. The company has gained significant recognition, including winning The Earthshot Prize for its innovative approach to combating climate change through regenerative agriculture. This accolade underscores Boomitra's commitment to scaling climate action and protecting the planet.
Keywords: soil carbon credits, satellite technology, AI, carbon finance, regenerative agriculture, climate action, Earthshot Prize, environmental markets, carbon marketplace, global reach.