Biochar Industrial Group raises $1.5M pre-seed led by BREEGA
Biochar Industrial Group raised $1.5 million in pre-seed financing led by BREEGA, with The Catalyst Fund participating.
Mulago Foundation separately provided non-dilutive support. It is distinct from participation in the equity round.
The company plans more food-processing factory partnerships and expansion of its Biochar-as-a-Service model. The capital also supports engineering, operations, logistics and carbon-verification staff and systems for measuring and verifying carbon removal.
Use of funds
Expand partnerships with food-processing factories
Scale the Biochar-as-a-Service model