# Carbonaught

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/carbonaught-pty

- Industry: Agribusiness
- Headquarters: Australia
- Website: www.carbonaught.io
- Total disclosed funding: $0.3M
- Latest round: Seed (May 12, 2022)
- Investors on record: 2

## About

Based in Australia, Carbonaught Pty Ltd engages in transforming agricultural practices through advanced soil engineering technologies, providing clients with sustainable solutions to enhance productivity and resilience against climate change.Carbonaught Pty Ltd focuses on innovative soil engineering solutions for agriculture. Founded in 2021, the company is headquartered in Australia and was co-founded by Andrew Pedley, James Lyons, and Rhys Heffernan. The latest funding round was a Seed round in September 2024, where the company raised AUD 0.450 mn from Antler and Gj Marrett Pty Ltd, bringing the total amount raised to AUD 0.450 mn with a current company valuation of AUD 3.225 mn.The Carbonaught Protocol provides innovative solutions for agricultural practices through advanced soil engineering technologies. Their flagship product involves mining-scale technology to create climate-resilient soils, significantly increasing agricultural productivity. Serving clients including farmers and agribusinesses in North America, Europe, and parts of Asia, the company addresses challenges such as soil degradation and nutrient depletion with sustainable alternatives to traditional soil management.The revenue model for The Carbonaught Protocol is based on direct sales of engineered soil products to agricultural enterprises. Customers typically engage through one-time purchases or long-term contracts, ensuring steady access to soil solutions. Pricing plans are customized based on factors including volume and application, allowing for flexible arrangements tailored to client needs.In September 2024, Carbonaught Pty Ltd secured venture funding from Better Bite Ventures to support their agricultural product initiatives. The company aims to expand its reach into new markets, targeting regions that emphasize sustainable farming practices. Funding will be utilized to enhance the development and distribution of their innovative soil products, further solidifying their presence in the agricultural sector.

## Funding rounds

- Seed, May 12, 2022, $0.3M — Antler, Gj Marrett Pty Ltd

## Investors

- Antler (https://capitalatlas.ai/funds/antler) — Seed
- Gj Marrett Pty Ltd — Seed
