The Bengaluru-based climate-tech startup, Equilibrium, has secured $3 million in its first institutional funding round. The investment was led by early-stage venture capital firms Kalaari Capital, Avaana Capital, and Peak XV Partners. According to founder Siddhanth Jayaram, the capital infusion will be allocated to several key areas: strengthening the company’s technology platform, accelerating progress on its eight existing projects, and expanding its operational reach.

Founded in 2024, Equilibrium operates as a full-stack carbon removal solutions provider for companies aiming to meet net-zero targets. The company’s portfolio includes initiatives in agroforestry, regenerative farming, mangrove restoration, and biocharBiochar is a carbon-rich material created from biomass decomposition in low-oxygen conditions. It has important applications in environmental remediation, soil improvement, agriculture, carbon sequestration, energy storage, and sustainable materials, promoting efficiency and reducing waste in various contexts while addressing climate change challenges. More projects. These efforts engage with over 60,000 farmers and coastal communities across nine Indian states, including Maharashtra, Tamil Nadu, Karnataka, Andhra Pradesh, West Bengal, and Gujarat. The startup’s approach is to deliver solutions that not only remove carbon but also enhance farmer income and convert agricultural and biomassBiomass is a complex biological organic or non-organic solid product derived from living or recently living organism and available naturally. Various types of wastes such as animal manure, waste paper, sludge and many industrial wastes are also treated as biomass because like natural biomass these More waste into useful products.

Equilibrium’s operational model involves building and managing projects, digitizing performance tracking, and then selling the generated carbon credits to clients, which include tech firms and oil companies. The startup has a project pipeline that is anticipated to achieve over 20 million tonnes of long-term CO2 removal. The company also has plans to expand into other South Asian countries like Nepal and Sri Lanka in the next two to three quarters. The company’s initiatives are seen as a blueprint for nature-based solutions that carbon credit buyers can rely on for durable outcomes.

SOURCE: Climate tech startup Equilibrium secures $3 million from Kalaari, Peak XV in maiden round