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$1.0m

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€18.0m

Early VC
Total Funding$20.8m

Recent News about NetZero

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NetZero is a forward-thinking startup dedicated to combating climate change through the large-scale deployment of biochar in tropical regions. Biochar is a form of solid carbon derived from plant residues, which is then buried in the soil. This process not only removes carbon from the atmosphere but also enhances soil quality, leading to higher agricultural yields and reduced reliance on synthetic fertilizers.

NetZero operates primarily in the sustainable agriculture and environmental sectors. Its clients include farmers seeking sustainable farming solutions and companies committed to achieving net-zero carbon emissions. By providing biochar, NetZero helps farmers improve crop yields and soil health while offering companies a way to offset their carbon emissions through the purchase of carbon credits.

The company's business model revolves around making biochar affordable for farmers and selling carbon credits to corporations with stringent net-zero commitments. This dual approach ensures that NetZero generates revenue from both agricultural and corporate clients. Additionally, the process of creating biochar co-generates renewable energy, adding another revenue stream.

NetZero has garnered significant recognition, including winning the Milestone Award from the Musk Foundation's XPRIZE Carbon Removal competition and receiving accolades from the Solar Impulse Foundation and the Tech for Good Awards. The company is also a certified carbon removal project under the Puro Standard.

NetZero's commitment to maximizing local social and environmental benefits sets it apart. While the company could potentially increase its profitability, it chooses to prioritize the well-being of local communities and the environment.

Keywords: biochar, carbon removal, sustainable agriculture, renewable energy, carbon credits, soil health, crop yields, net-zero emissions, tropical regions, climate change.