Sector
Agricultural decarbonisation and digital MRV
Status
In portfolio
Year of investment
2026
Website
CarbonFarm is a French company specialising in satellite technology and project development for the decarbonisation of rice cultivation. Its digital MRV (measurement, reporting and verification) platform combines satellite imagery, field data and greenhouse gas models to monitor farming practices and quantify emissions at field level, for both carbon projects and corporate decarbonisation programmes.
Founded in 2021 by Vassily Carantino and James Hastwell, the company has operated in 19 countries. It works with rice producers, cooperatives, agri-food companies, NGOs, public authorities and local developers, and its clients and partners include Mars Food, Diageo, Ebro Group, the World Bank, the Asian Development Bank and SNV, with which it is developing the TRVC project in Vietnam, targeting 200,000 hectares of low-emission rice cultivation by 2028.
Suma Capital has invested in CarbonFarm’s €7 million Series A, led by Colam Impact, through SC Climate Tech Ventures I, the early-stage fund within its SC Venture strategy. It is the fund’s first investment in a company outside Spain, in line with its strategy of investing in Southern Europe and progressively extending its reach into Central Europe.
We are supporting the company as it strengthens its technology and project development capabilities, deepens its presence in Asia, Africa and Europe and accelerates its expansion in Latin America. Our support focuses on commercial introductions to agri-food companies, access to public funding, and strategic and financial guidance.
Rice is one of the most important crops for global food security and also one of the most water- and methane-intensive. Practices such as alternate wetting and drying of paddy fields can cut these emissions by up to 50%, according to the International Rice Research Institute (IRRI).
CarbonFarm verifies the adoption of these practices and quantifies the resulting changes in emissions, providing measurable, verifiable evidence that supports the development of decarbonisation projects and their access to climate finance. Its model builds on local value-chain players, equipping them with the tools to turn changes in practice into results that can withstand rigorous scrutiny.
