Corporate deal

Biochar Industrial Group secures $1.5M pre-seed funding for African expansion

Biochar Industrial Group (BIG), an Africa-based biochar developer, raised $1.5 million in pre-seed funding to expand its factory-integrated carbon removal model. The investment will support the installation of biochar production units directly at food processing facilities across Sub-Saharan Africa. This approach aims to secure a continuous biomass supply and expand carbon sequestration capabilities. By embedding processing infrastructure within existing agricultural operations, BIG seeks to resolve supply chain and cost inefficiencies often faced by industrial carbon removal developers in emerging markets. The funding demonstrates venture capital interest in decentralised carbon dioxide removal architectures and aims to scale high-permanence carbon removal and credit supply.

Read the original at Biochar Today

This summary was written by carbon.fyi from the reporting linked above. It is not a quotation; cite the original source.