# Klim

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

- Industry: Agribusiness
- Headquarters: Berlin, Germany
- Website: www.klim.eco
- Total disclosed funding: $29M
- Latest round: Series A (Feb 15, 2024)
- Investors on record: 15

## About

Based in Germany, Klim GmbH provides innovative services aimed at advancing regenerative agriculture, focusing on enhancing soil health and promoting carbon sequestration through its extensive network of farmers.Klim GmbH specializes in regenerative agriculture and was founded in 2020 in Berlin, Germany. The company has conducted 4 deals, with its most recent funding round occurring on February 15, 2024. Klim raised USD 22.00 mn in Series A funding, led by BNP Paribas and supported by several other investors including AgFunder and Ananda Impact Ventures. The company is co-founded by Nina Mannheimer and Robert Gerlach, who also serves as the CEO.Klim specializes in regenerative agriculture, offering a suite of services aimed at enhancing soil health and carbon sequestration. Their primary offerings include CO2 certificates obtained through various climate protection projects, which are designed to support farmers in implementing regenerative practices that enrich soil humus, improve biodiversity, and secure agricultural yields. The company collaborates with over 3,500 farmers across Germany, Poland, the USA, the UK, Slovakia, and the Czech Republic, providing a platform that connects these farmers with businesses seeking to offset their carbon emissions. Klim's customer base primarily includes companies looking to meet their sustainability goals beyond regulatory compliance by purchasing voluntary carbon market (VCM) credits. These services are integral for businesses aiming to demonstrate environmental responsibility while contributing to local farming communities.Klim generates revenue through the sale of CO2 certificates, priced at 50 euros per ton, which reflect the efforts of farmers to reduce emissions and enhance carbon capture in the soil. Transactions typically occur directly between Klim and its corporate clients, where companies select the amount of CO2 certificates they wish to acquire based on their sustainability strategies. The company facilitates this process by assigning specific farmers to clients, ensuring transparency on the regenerative practices being supported. By participating in Klim’s platform, businesses not only invest in carbon offsetting but also promote regional sustainability efforts, which adds value beyond mere compliance. The structured pricing of their certificates enables Klim to maintain the integrity and verification of its projects, thereby fostering long-term partnerships with both farmers and corporate customers.In February 2024, Klim GmbH raised USD 22.00 mn in Series A funding led by BNP Paribas, with participation from a consortium of investors. The company plans to use this funding to support its international expansion strategy. Klim aims to introduce new products in regenerative agriculture and extend its services into additional markets, targeting countries with emerging agricultural sectors by the end of 2025. This growth strategy will leverage the recent investment to enhance their platform and capabilities, ensuring that they can effectively connect more farmers with businesses aiming to achieve their sustainability goals.

## Funding rounds

- Series A, Feb 15, 2024, $22M — Norinchukin Bank, Achmea, Rabobank, Ananda Impact Ventures, AgFunder, Elevator Ventures, BNP Paribas, Kopa Ventures, Ponderosa Ventures, Earthshot Ventures, Green Generation Fund, Climate Collective, Edaphon
- Seed, May 11, 2022, $6.8M — Ananda Impact Ventures, WI Ventures, Atlantic Food Labs, Ponderosa Ventures, Green Generation Fund

## Investors

- Ananda Impact Ventures (https://capitalatlas.ai/funds/ananda-impact-ventures) — Seed, Series A
- WI Ventures — Seed
- Atlantic Food Labs — Seed
- Ponderosa Ventures (https://capitalatlas.ai/funds/ponderosa-ventures) — Seed, Series A
- Green Generation Fund (https://capitalatlas.ai/funds/green-generation-fund) — Seed, Series A
- Norinchukin Bank — Series A
- Achmea — Series A
- Rabobank — Series A
- AgFunder (https://capitalatlas.ai/funds/agfunder) — Series A
- Elevator Ventures (https://capitalatlas.ai/funds/elevator-ventures) — Series A
- BNP Paribas — Series A
- Kopa Ventures (https://capitalatlas.ai/funds/kopa-ventures) — Series A
- Earthshot Ventures (https://capitalatlas.ai/funds/earthshot-ventures) — Series A
- Climate Collective — Series A
- Edaphon (https://capitalatlas.ai/funds/edaphon) — Series A