# Boomitra

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/boomitra

- Industry: Agribusiness
- Headquarters: San Mateo, US
- Website: www.boomitra.com
- Total disclosed funding: $4M
- Latest round: Seed (Jun 22, 2021)
- Investors on record: 2

## About

Founded in 2016 and based in California, US, Boomitra Inc. operates as an agricultural carbon marketplace platform. The company was founded by CEO Aadith Moorthy. In June 2021, Boomitra raised USD 4 million in Seed funding led by Yara Growth Ventures.

Boomitra operates as a carbon credits startup that works to accelerate atmospheric carbon removal using agricultural soil. The company was developed to measure and monitor carbon levels in the soil using artificial intelligence-based algorithms without the need to take a physical soil sample. The company also has the potential to enable the expansion to the entire carbon market industry, since the current soil carbon measurement practices include sending people out to a farmer's field to take soil samples then quantifying the samples in a lab.

The company plans to use its funding from June 2021 to expand its technology and hire new talents.

## Funding rounds

- Seed, Jun 22, 2021, $4M — Chevron Technology Ventures, Yara Growth Ventures

## Investors

- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Seed
- Yara Growth Ventures — Seed