What does Alt Carbon do?
Alt Carbon is a science and data company building agri infrastructure for climate action. It employs a method called Enhanced Rock Weathering (ERW), which uses waste basalt rock dust to improve soil health, enhance crop yields, and remove atmospheric COâ‚‚ naturally.
How much did they raise?
The company raised $12M in seed funding led by Lachy Groom, with participation from ACT and existing investors and angels such as Shastra VC, Jason Zhao, Awais Ahmed, and Amarendra Singh.
What are their plans for the money?
With the funds, Alt Carbon aims to accelerate carbon dioxide removal in the Global South, expand earth sciences R&D, drive hardware innovations, and scale up its operations in India, potentially transforming climate action in the region.
What have they achieved so far?
Already, the company has launched its flagship Darjeeling Revival Project, which focuses on restoring degraded soils, reviving livelihoods, and rebuilding ecosystems, and has strengthened its leadership with key appointments to drive its growth.