Seqana Expands Soil MRV With Fresh €3.2M Funding
Seqana team - © Seqana
The Berlin startup uses satellite imagery and machine learning to quantify soil carbon and supply chain risk for food, fiber, and fuel companies.
Soil might not be the most glamorous topic in tech, but for Berlin-based startup Seqana, it is the foundation of a fast-growing business. The company has just closed a €3.2 million funding round led by Amsterdam impact fund Pymwymic, with continued backing from existing investors HTGF and Counteract, according to a press release from HTGF.
Founded in 2020, Seqana builds digital MRV (Monitoring, Reporting and Verification) tools that use satellite imagery and proprietary machine learning models to quantify soil health at scale. Its products, including Digital Soil Maps, help food, fiber, and fuel companies as well as carbon market project developers track soil carbon and regenerative agriculture progress across millions of hectares. Customers include Danone, Bayer, Klim, and eAgronom.
The new funding will let Seqana push beyond carbon into a broader set of soil health indicators, giving customers a more complete picture of the ground their supply chains literally depend on. That matters more than ever: the European Commission estimates that degraded soils already cost the EU around €50 billion a year, and more than 60 percent of European soils are classified as unhealthy.
Seqana has also helped shape the standards governing the voluntary carbon market, co-authoring Verra's VM0042 v3 methodology and Gold Standard's SOC Model Guidelines. The funding round includes venture and debt capital, including a startup loan from Landwirtschaftliche Rentenbank, alongside grant funding from the European Space Agency.
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