In a groundbreaking move, Downforce Technologies Limited (“Downforce”), a climate tech leader, has successfully closed a $4.2 million funding round led by Equator VC. The existing shareholders, including Tiverton Agriculture Impact Fund, Dragonfly Enviro Capital, Perivoli Innovations, and the Clean Energy Finance Corporation (CEFC), have also contributed to this significant investment.
Unlocking the Potential of Soil Health
With over 30% of the world’s soil already degraded, urgent action is needed to address this pressing global challenge. Downforce Technologies is at the forefront of science-led, data-driven land management solutions. Their focus? Optimizing soil health, soil organic carbon levels, and biodiversity. But what sets them apart? Their groundbreaking natural capital analytics technology that leverages cutting-edge science, modeling, and remote sensing to provide the most reliable, impartial, and cost-effective method for soil organic carbon measurement.
Empowering Farmers and Corporations
Revolutionizing Soil Health Assessment Downforce’s technology delivers critical data that empowers farmers, landowners, and corporations to track progress towards sustainability goals. By assessing historical and current soil organic carbon levels on agricultural land, Downforce enables informed decision-making. But it doesn’t stop there. The company also provides tools for planning and executing verified carbon projects, soil health interventions, and farm emissions data integration, enabling net-zero emissions reporting.
Catalyst for Change Equator VC’s Managing Partner, Nijhad Jamal, emphasizes the significance of Downforce’s software platform. It acts as a catalyst for increased investment in soil organic carbon globally, particularly in Africa. As food producers reliant on global supply chains face uncertainty and regulatory pressures, better visibility and traceability of natural capital stocks become essential. Downforce’s technology bridges this gap, supporting food security, climate mitigation, and resilience to climate change.
Democratizing Access Professor Jacquie McGlade, Downforce’s Co-Founder and Chief Scientific Officer, expresses excitement about democratizing access to their technology. By combining robust science, a fantastic product, and a growing client base, Downforce aims to empower a wider audience to make data-driven decisions for soil health and climate action.
