Climate tech startup Equilibrium raises $3 million to scale carbon removal projects and strengthen team

Climate tech startup Equilibrium has raised $3 million in a seed round from Kalaari Capital, Peak XV Partners, and Avaana Capital to scale its projects and strengthen its technology, science, and operations teams.

The company works with smallholder farmers to generate high-quality carbon removal credits by helping them adopt climate-resilient practices such as agroforestry, regenerative agriculture, organic farming, and biochar use.

“We generate high-quality carbon removal credits,” said Siddhanth Jayaram, Founder of Equilibrium. “When farmers transition to climate-resilient agriculture, they are either reducing or removing greenhouse gases from the atmosphere. For the greenhouse gases that they reduce or remove, they end up earning what we call carbon credits, or carbon removal units.”

Equilibrium partners with NGOs, farmer producer organisations, and local community groups to bring smallholder farmers into the carbon economy. “These not only enrich their soils but also provide them with an additional revenue stream in the form of carbon revenue,” Jayaram explained.

The fresh funding will support the expansion of eight pipeline projects across nine states, covering 1.20 lakh hectares of land and involving more than 1.50 lakh farmers. Collectively, these projects are expected to generate over 20 million tonnes of carbon removal.

Jayaram said the focus now is on scaling projects and strengthening internal capabilities. “We will continue to build our technology stack, where we measure and monitor all of these carbon removal solutions. We are also building a world-class science team, operations team, and technology team.”

Although still a young company, Equilibrium is aiming for rapid growth. Jayaram said revenues are expected to cross $2 million in the next 12 months, with a 15 to 18 times jump projected by the end of FY25–26. He added that rising corporate net-zero commitments are set to drive demand for high-quality carbon credits. “By 2030, most organisations have interim climate goals, so in the next three to four years, we expect this to translate into significant potential revenue for our organisation.”

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