Rare Earth Global Secures $1 Million Funding to Revolutionize Sustainable Alternatives in Climate Tech

Rare Earth Global is proud to announce the successful raising of $1,000,000 in funding to further propel our mission of creating sustainable alternatives to some of the most harmful products in circulation today. As an award-winning climate tech venture, we have pioneered a groundbreaking innovation: a hemp seed concentrate that serves as a replacement for soy in fish feed. This eco-friendly alternative not only reduces carbon emissions by a remarkable 41% but has also garnered attention from over 20 international publications, including The Times. Our commitment to a zero waste approach means that leftover hemp stalk material is utilized in the construction and manufacturing industries, potentially leading to carbon-negative outcomes. With this new round of funding, we aim to enhance our product development capabilities focused on hemp and expand our geographically scalable farming and processing model, ensuring price competitiveness with existing products. We have secured initial demand for over 50,000 tonnes of seeds annually, which translates to 100,000 tonnes of hemp stalk available for converting into sustainable materials. This initiative is projected to remove 160,000 tonnes of CO₂ from the supply chain every year. Moreover, we are ambitiously targeting the removal of 1 gigatonne (GT) of CO₂ from the atmosphere, equating to the preservation of 430 million trees from deforestation. With your support, Rare Earth Global is on the frontline of transforming industries, driving impactful environmental change, and ultimately contributing towards a sustainable future.