# MyLand Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/myland-company

- Industry: Agribusiness
- Headquarters: Phoenix, US
- Website: www.myland.ag
- Total disclosed funding: $35M
- Latest round: Series B (Sep 6, 2023)
- Investors on record: 3

## About

Based in Arizona, US, and founded in 2014, MyLand Company LLC operates as a soil health company. The company was founded by its CEO and president, Dane Hague, Bob Thompson, and Andrew Ayers. In September 2023, MyLand Co. LLC raised USD 23 million in Series B funding co-led by Climate Innovation Capital and The Borden Family Trust. The round was part of a larger USD 35 million Series B funding.

MyLand provides farmers with a soil regeneration service that helps them transition to regenerative agriculture practices by using a soil-as-a-service approach that allows farmers to improve their soil health and increase their yields easily by harnessing the land's own native ecosystem. The company extracts and reproduces microalgae from the farm's soil to deliver them back to the soil, improving soil health and crop yields. Microalgae is a soil microbe that provides amino acids, polysaccharides, and hormones for improving soil health. The firm selects the most viable microalgae strain for the farm through detailed soil analysis.

The company plans to use the funds raised in September 2023 to expand its service reach, bolster its innovation programs, hire new specialists, and establish strategic alliances to facilitate the adoption of innovative solutions in the agriculture industry.

## Funding rounds

- Series B, Sep 6, 2023, $23M — Borden Capital, Climate Innovation Capital
- Series B, Nov 21, 2022, $12M — Borden Capital, Waterpoint Lane

## Investors

- Borden Capital — Series B
- Waterpoint Lane (https://capitalatlas.ai/funds/waterpoint-lane) — Series B
- Climate Innovation Capital (https://capitalatlas.ai/funds/climate-innovation-capital) — Series B