NetZero is excited to announce a major milestone in its journey towards sustainable agriculture and climate resilience—a whopping US$15,000,000 raised to accelerate its groundbreaking initiatives across the tropics. With this new funding, NetZero, a pioneer in bringing biochar at scale, is well-positioned to advance its mission of capturing atmospheric carbon while simultaneously improving soil health. Biochar, the innovative product of residual plant matter transformed into a stable form of carbon sequestration, not only locks away carbon for the long term but also enhances soil fertility, boosts agricultural yields, and reduces the need for chemical fertilisers. This funding infusion is set to expand the scale of NetZero’s operations, enabling the company to roll out more projects in tropical regions where the benefits of biochar can be maximized.
The raised capital will be strategically invested in research and development to further optimize biochar production processes and lower costs, making it accessible and affordable for local farmers. NetZero’s unique model not only helps agricultural stakeholders improve productivity but also assists companies in neutralising their unavoidable emissions, while co-generating renewable energy. As a notable leader in the field, NetZero has already earned accolades such as the Musk Foundation XPRIZE Carbon Removal award, the Solar Impulse Foundation’s Efficient Solution label, and the Tech for Good Awards' Green Tech prize, along with certifications under the Puro Standard. This new funding milestone underscores the confidence investors have in our sustainable vision and will serve as a catalyst for broadening the impact of our innovative technology on both climate mitigation and rural economic development. NetZero remains committed to creating a greener, more resilient future for people and the planet.
