Germany’s Klim has raised $22 million in a Series A funding round led by BNP Paribas to take its regenerative farming platform international. The startup, founded in 2020, provides farmers with tools to plan, execute and finance the transition to more sustainable farming practices.
Klim’s platform offers data-driven insights on restoring soil health, increasing biodiversity, capturing carbon, and reducing emissions. Farmers can use the platform to track their progress and earn revenue by selling carbon “insets” to supply chain partners looking to make their operations greener.
“There’s a real urgency to transition farmland to regenerative practices,” said Klim CEO Robert Gerlach. “You need to do two things to get a farmer to regenerative agriculture – provide a digital agronomist to guide them, and quantify the impact through data.”
The new funding will allow Klim to expand its operations beyond Germany, where it currently serves 3,500 farmers covering 700,000 hectares of land, representing 5% of the country’s farmland. Clients include major food companies like Nestlé, Kaufland, and Aryzta.
“Klim’s innovative platform and approach to scaling regenerative agriculture are perfectly aligned with our commitment to financing solutions that mitigate climate change, make the ecosystems more resilient and improve people’s livelihoods,” said Maha Keramane, head of BNP Paribas’ Positive Impact Business Accelerator.
Klim is not alone in the regenerative agriculture space, with competitors like Agricarbon, Regrow, and Soil Capital also working to help farmers transition to more sustainable practices. However, Klim’s comprehensive platform and growing client base make it a standout player in the European agritech market.
