€7m · Series A · Energy · Paris, France
CarbonFarm, a Paris-based provider of digital measurement and project-development services for lower-emission rice farming, has closed an oversubscribed €7 million Series A. Colam Impact led the round, joined by Proparco, Suma Capital, elea, Working Capital Fund, Albo and Bpifrance; existing investors Serena, makesense and Techmind also participated. The company said the funding will expand the technology and expertise it uses to develop, finance and measure rice projects worldwide.
Measurement connects farm practice to climate finance
Reducing methane from rice often requires farmers to change water-management practices across thousands of small plots. CarbonFarm works with producers, cooperatives, agribusinesses, NGOs, governments and local project developers rather than trying to replace those relationships. It combines satellite imagery, field-data collection and greenhouse-gas modelling to track practices and quantify emissions at field level.
The commercial product is broader than monitoring software. CarbonFarm also supports project design, financing, certification and access to buyers in carbon markets and corporate supply chains. That combination matters because a measured emissions reduction creates value only when a programme can recruit farmers, fund implementation and withstand scrutiny from a credit buyer or a company making a Scope 3 claim. Better evidence can support trust and pricing, while weak field data can undermine the entire financing model.
CarbonFarm says it now operates across 19 countries and works with organisations including Mars Food, Diageo, Ebro, Tilda, BASF Agricultural Solutions, the World Bank, the Asian Development Bank and Google. These are company-reported relationships, but they show the range of customers and partners the platform must serve: food companies need supply-chain evidence, project developers need finance, and public institutions need programmes that work across smallholder communities.
Global expansion increases the delivery burden
The Series A will deepen CarbonFarm’s presence in Asia, Africa and Europe and accelerate expansion into Latin America. Scaling through local partners can extend reach without building a field organisation in every market, but CarbonFarm still has to keep its scientific methods, data collection and project economics consistent across different crops, farming systems and standards. The participation of Proparco, a development finance institution, also signals that the round is funding climate-finance infrastructure as much as a software product.
Sources checked:
CarbonFarm company announcement · CarbonFarm press kit · Tech.eu Funding Explorer
