The London climate tech startup, Downforce Technologies, which offers tools to farmers enabling them to measure soil fertility, has secured $4.2 million to develop new products with a focus on Africa and other potential markets.
Downforce Technologies has successfully introduced a compelling software platform that should act as a catalyst for increased investment in soil organic carbon globally, and particularly in Africa, to ensure food security, promote climate mitigation, and ensure resilience to climate change.
Nijhad Jamal, Equator Managing Partner
The seed funding round was coordinated by Africa’s Equator VC, a venture firm focusing on climate tech-related entities. Secured shareholders in the climate tech startup include Dragonfly Enviro Capital, the Clean Energy Finance Corporation (CEFC), Tiverton Agriculture Impact Fund, and Perivoli Innovations.
This funding allows us to democratize access to the technology and empower a wider audience to make data-driven decisions for soil health and climate action.
Professor Jacquie McGlade, Downforce Technologies CEO.
Established in 2020, the climate tech startup provides efficient remote sensing software that enables farmers to measure the health of any soil at any given time. Downforce Technologies also offers tools for planning and executing verified carbon projects, collecting and reporting farm emissions data as well as implementing soil health improvement projects.