Kenyan climate tech startup, Bio-Logical based in Nairobi on Thursday, November 16 announced that it has successfully secured $1 million in seed funding .
The Company develops long term carbon removal projects that aim to regenerate land and forests. These helps to overcome some of the most significant challenges faced by African smallholder farmers.
These challenges are like degraded soil, droughts, expensive fertiliser and climate vulnerability.
Bio- Logical Mission
The climate tech startup mission is to Create climate resilient communities around the world.
Kenyan Startup, Bio-Logical operates on the founding principle that the global drive towards net-zero can not only save our planet in the long term. The Company helps to address severe impacts.
“Bio-Logical was founded on the belief that Smallholder farmers should not suffer at the hands of a climate crisis they have played no part in. At present, soil degradation and changing weather patterns due to climate change is directly threatening the livelihoods of 500 million smallholder farmers around the world,” Rory Buckworth, Co-Founder.
Steyn Group, along with angel investors Rob Konterman, Luke Calcott-Stevens, and Jochem Wieringa spearheaded the investment round.
According to the company, the funds will go towards the support and development of its first site in Kenya. The site will serve as the foundation for its expansion across the region.
Likewise, the company will utilize its innovative technology. The technology will help to build Bio-Logical’s first site. The site will become the largest biochar production facility in Africa.
Bio- Logical Initiatives
At the same time, Kenyan Startup Bio-Logical aims to empower 1 million smallholder farmers and sequester 1 million tonnes of CO2 annually by 2030. Under the leadership of CEO Rory Buckworth, Co-Founder, Bio-Logical intends to establish a biochar production facility with the capacity to transform over 30,000 tonnes of agricultural waste into biochar each year.
This process will effectively sequester 25,000 tonnes of CO2. The company will generate carbon credits from the process. Additionally, it will improve revenue generation.
Consequently, the revenue subsidize its resilience in helping to build fertilizer for smallholder farmers.
“We believe carbon credits should do more than simply remove carbon from the atmosphere. They should be used to build the resilience of climate vulnerable communities,” Philip Hunter, Co-Founder.
This initiative will not only boost crop yields but also reduce fertilizer costs for farmers. Bio-Logical’s innovative approach to carbon sequestration and agricultural support holds immense potential. It will help to transform the livelihoods of smallholder farmers in Kenya and beyond.
By simultaneously addressing climate change and enhancing food security, the company is making significant strides towards a more sustainable future for the region.