Agricarbon Company Market Research Report
Company Overview
Name: Agricarbon
Mission: To provide affordable, accurate soil carbon stock audits based on high-intensity direct sampling, underpinning carbon-buyer confidence in soil carbon sequestration. This mission supports the global transition to regenerative farming and a healthier planet.
Founded: 2019
Founders: Stewart Arbuckle, Annie Leeson, Alan Strong
Key People:
- Stewart Arbuckle, Co-Founder and CTO
- Annie Leeson, Co-Founder and CEO
- Alan Strong, Co-Founder
Headquarters:
- UK: Muirloch Farm, Liff, Dundee, DD2 5NQ
- USA: 116 Prosperity Boulevard, Piedmont, South Carolina, SC 29673
Number of Employees: Approximately 50
Revenue: No information is available
What the Company is Known For: Agricarbon is known for its groundbreaking technology in measuring soil carbon sequestration, using robotic solutions to manage high-quality soil carbon data at scale and low cost. This provides a cost-effective solution crucial for carbon accounting and climate change mitigation.
Products
Soil Carbon Measurement Service
Description:
Agricarbon offers an end-to-end service that rigorously quantifies soil carbon through a scientifically robust methodology. This service includes a designed sampling strategy, automated collection and analysis of soil samples, and optimized reporting for carbon accounting.
Key Features:
- Sampling Strategy: Employs statistically robust techniques to ensure adequate quantity for detecting changes in soil carbon.
- Collection of Samples: Utilizes unique vehicles to collect samples across 14 countries, including in North America.
- Automated Soil Analysis: Uses industrial-scale automation for consistent and cost-effective measurement of soil carbon and bulk density.
- Soil Carbon Reporting: Provides results optimized for carbon credit verification, securely stored for future audits.
Recent Developments
New Products and Features:
- Agricarbon's service now includes projects initiated in the UK, Europe, and the US, demonstrating its capability to operate on a global scale.
New Partnerships and Programs:
- Agricarbon was selected to join the Unreasonable Impact UK & Europe 2024 program, aiming to scale entrepreneurial solutions for green economy jobs.
- Recent collaborations include partnerships with companies like Nestlé, Diageo, and First Milk, showcasing its integration with large-scale agricultural and beverage companies.
Funding and Financial Developments:
- Agricarbon successfully raised more than £5.5 million in venture capital, including a significant £4 million funding round from firms like Adelpha and Evenlode Impact.
Notable Achievements:
- Agricarbon has been recognized in several press features, including The Times’ Rising Stars Series, which highlights its contribution to the net zero strategy and its pioneering role in soil carbon measurement.
- Listed as a finalist in The Spectator’s Innovator of the Year Awards, emphasizing its innovative approach and market impact.
Industry Collaborations:
- Engaged with the ARC Zero project in Northern Ireland, employing its technology to assess and enhance carbon sequestration on farms.
- Has contributed to Diageo’s regenerative agriculture programs for carbon sequestration as part of its climate strategy.
This report compiles critical insights into Agricarbon's operations, strategic initiatives, and achievements, positioning the company as a leader in the soil carbon measurement industry amid the growing emphasis on climate change mitigation and sustainable farming practices.
