Team Startupcity

• Bengaluru-based climate-tech startup Equilibrium raises $3M from Kalaari, Avaana & Peak XV in maiden funding round
• Funds to boost tech platform, expand 8 ongoing projects, and scale operations across 9 Indian states
• Startup delivers carbon removal via agroforestry, regenerative farming & biochar, benefiting 60,000+ farmers and aiming for 20M tonnes CO₂ removal

Climate-tech startup Equilibrium has raised $3 million in its maiden funding round from early-stage venture capital firms Kalaari Capital, Avaana Capital, and Peak XV Partners. According to founder Siddhanth Jayaram, the company will use the funds to strengthen the company’s technology platform, accelerate its eight ongoing projects, and expand operations.

"We’re strengthening agri-supply chains against climate-related disasters while simultaneously reducing and removing greenhouse gas emissions from the atmosphere", Jayaram said.

Started in 2024, the Bengaluru-based enterprise provides end-to-end carbon removal services to customers who want to become net-zero emitters. Its activities include agroforestry, regenerative agriculture, mangrove planting, and biochar initiatives, benefiting over 60,000 farmers and coastal communities.

"Our operations team takes care of the planting and tending of the plantations, while technology monitors their progress. Once we have created the carbon credits, we sell the carbon-removal units to big customers. Our customers include project financiers that fund carbon-removal projects, big tech companies and oil majors with net-zero ambitions", said Jayaram.

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The business offers solutions that eliminate carbon, boost farmer earnings, and convert agricultural and biomass waste into useful products. The business has a pipeline of projects anticipated to deliver more than 20 million tonnes of long-term CO2 removal.

Climate change is threatening India's food security as increasing temperatures, erratic rains, and more frequent weather events cut crop yields, the company added. The carbon market may reach more than $50 billion by 2040, Jayaram stated.

The firm currently has operations in nine states, covering Maharashtra, Tamil Nadu, Karnataka, Andhra Pradesh, West Bengal, and Gujarat. "We want to double down in India and maybe expand to south Asian countries like Nepal or Sri Lanka in the next two to three quarters',' he said.

Speaking on the investment, Sampath P, partner, Kalaari Capital stated, "It combines rich agricultural and carbon science with a digitally-enabled operating system that enables on-ground implementation partners to be effective at scale. We view Equilibrium as a climate-resilience-first template for building out nature-based solutions that carbon (credit) buyers can trust for long-lasting outcomes''.