Andes
Latest round
- Series A
Last raised
- Mar 2023
Total raised
- $38M
Investors
- 11
About Andes
Founded in 2018 and based in Alameda, California, Andes AG, Inc.Andes AG, Inc. is dedicated to enhancing agricultural sustainability through effective CO2 removal strategies. The company has completed five deals to date, further establishing its market presence under the leadership of CEO Gonzalo Fuenzalida. Andes AG, Inc. specializes in innovative agricultural solutions that leverage beneficial microorganisms to enhance soil health and promote carbon dioxide (CO2) removal from the atmosphere. Their core offerings include the incorporation of these microorganisms into agricultural fields planted with crops such as corn, soybean, and wheat. This technology accelerates the conversion of CO2 into soil inorganic carbon, which is subsequently locked away and transported deep into the soil with rainfall. The end use cases target agricultural sustainability and climate change mitigation, enabling farming operations to transform into effective carbon dioxide removal systems while still producing food.Andes AG, Inc. generates revenue through partnerships and collaborations with farmers who adopt their carbon removal technology. The transaction structure primarily revolves around direct business-to-business interactions, wherein farmers integrate Andes' beneficial microorganisms into their existing farming practices. This model may involve contracts or agreements based on the volume of products utilized and the anticipated impact on carbon dioxide reduction.In March 2023, Andes AG, Inc. Furthermore, Andes AG is focused on developing new microorganism technologies that will support its mission of promoting agricultural sustainability and CO2 reduction.
Who invested in Andes
11 investors across 4 rounds
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Questions about Andes
Who invested in Andes?
Andes has 11 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Andes raised?
Andes has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Andes last raise money?
Andes's most recent round on record is a Series A, in Mar 2023.
What does Andes do?
Founded in 2018 and based in Alameda, California, Andes AG, Inc.
Where is Andes headquartered?
Andes is headquartered in Alameda, US.
Which VCs invest in companies like Andes?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back agribusiness companies at Andes's stage. Their profiles are linked below.
VCs backing agribusiness startups at Series A
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