# Loam Bio

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

- Industry: Biotechnology
- Headquarters: Orange, Australia
- Website: www.loambio.com
- Total disclosed funding: $111M
- Latest round: Series B (Jan 3, 2023)
- Investors on record: 12

## About

Loam Bio Pty Ltd, based in Australia, specializes in carbon farming solutions, focusing on innovative biological products that enhance soil health and agricultural productivity while promoting environmental sustainability.Loam Bio Pty Ltd is an Australian company founded in 2019 in Orange, Australia. The company offers carbon farming solutions and has raised a total of AUD 108.565 mn through its Series B funding round on January 3, 2023. The funding was co-led by Wollemi Capital and Lowercarbon Capital, with participation from several other investors. The founders, Guy Hudson and Guy Webb, have backgrounds in agriculture and sustainability, emphasizing their commitment to innovative farming practices.Loam Bio specializes in carbon farming solutions, primarily through its flagship products, CarbonBuilder™ and SecondCrop™. CarbonBuilder™ acts as a biological seed treatment that enhances plants' capability to convert atmospheric CO2 into stable soil carbon, thereby improving soil health and agricultural productivity. SecondCrop™ involves soil carbon farming initiatives that allow grain farmers to monetize the carbon stored in their soil, creating both financial incentives and enhancing soil quality. The company collaborates with farmers and scientists to promote these technologies across agricultural markets, particularly in Australia and the United States, serving grain farmers interested in sustainable practices.Loam Bio generates revenue by partnering with farmers and selling its proprietary products, CarbonBuilder™ and SecondCrop™. Their model involves farmers participating in SecondCrop™ projects, where they receive compensation for the carbon they sequester in their soil. This enables farmers to diversify their income and enhance land productivity. The pricing structure is competitive, designed to integrate seamlessly into farmers' existing operations, fostering long-term partnerships that align with sustainability objectives.Following its recent Series B funding round, raised on January 3, 2023, Loam Bio plans to utilize the AUD 108.565 mn to expand and launch its products in Australia and the United States. The company also intends to test its solutions in new markets, specifically targeting Canada and Brazil for future growth initiatives. This funding will support their ongoing product development and market entry strategies.

## Funding rounds

- Series B, Jan 3, 2023, $75M — Horizons Ventures, Acre Venture Partners, Grok Ventures, Main Sequence Ventures, Lowercarbon Capital, Thistledown Capital, Time Ventures, Wollemi Capital, Virescent Ventures, Cbc Co Pty Limited, Oscar Time Limited
- Series A, Oct 28, 2021, $30M — Horizons Ventures, Acre Venture Partners, Grok Ventures, Main Sequence Ventures, Lowercarbon Capital, Thistledown Capital, Time Ventures, Virescent Ventures
- Seed, Oct 18, 2019, $6.9M — Horizons Ventures, Artesian, Grok Ventures, Lowercarbon Capital, Virescent Ventures

## Investors

- Horizons Ventures — Seed, Series A, Series B
- Artesian (https://capitalatlas.ai/funds/artesian) — Seed
- Grok Ventures — Seed, Series A, Series B
- Lowercarbon Capital (https://capitalatlas.ai/funds/lowercarbon-capital) — Seed, Series A, Series B
- Virescent Ventures (https://capitalatlas.ai/funds/virescent-ventures) — Seed, Series A, Series B
- Acre Venture Partners (https://capitalatlas.ai/funds/acre-venture-partners) — Series A, Series B
- Main Sequence Ventures (https://capitalatlas.ai/funds/main-sequence-ventures) — Series A, Series B
- Thistledown Capital (https://capitalatlas.ai/funds/thistledown-capital) — Series A, Series B
- Time Ventures (https://capitalatlas.ai/funds/time-ventures) — Series A, Series B
- Wollemi Capital (https://capitalatlas.ai/funds/wollemi-capital) — Series B
- Cbc Co Pty Limited — Series B
- Oscar Time Limited — Series B