Seqana’s Funding Boosts Efforts to Revolutionize Soil Health Monitoring with Satellite Imagery and AI

Seqana Secures €3.2 Million Funding Round to Revolutionize Soil Health Monitoring

Seqana, a digital MRV company based in Berlin, has successfully closed a funding round of €3.2 million. The investment, led by Pymwymic with participation from existing investors HTGF and Counteract, comprises a combination of venture capital and debt capital, including a startup loan from Landwirtschaftliche Rentenbank. This funding round builds on earlier investments from Counteract and HTGF, as well as grant funding from the European Space Agency.

Stefan Goenner, co-founder and CEO of Seqana, highlighted the company’s focus on carbon and its importance in quantifying soil health. He emphasized the round’s significance in enabling Seqana to expand its capabilities beyond measuring soil carbon to include yield stability, product quality, and supply chain continuity.

Established in 2020, Seqana specializes in developing digital MRV tools to assess soil health indicators at scale. The company’s mission is to provide cost-effective and scalable solutions for soil carbon MRV without compromising on accuracy or scientific rigor.

According to Seqana, soil health plays a crucial role in helping agrifood and commodity companies achieve their climate goals and manage supply chain risks. Soil carbon, a key indicator of overall soil health, is highlighted as a scalable natural carbon sink that can be effectively measured over time to evaluate the impact of regenerative agriculture practices.

Seqana’s work extends to collaborating with fiber, food, and fuel companies, as well as carbon project developers, to offer insights into soil health through tools like Digital Soil Maps and Soil Sampling Designs. These tools enable customers to monitor progress in regenerative agriculture, claim CO2 removals, and enhance supply chain resilience.

The company utilizes proprietary machine learning models, ground-truth data, and satellite imagery to develop tools such as Digital Soil Maps that quantify soil health for project developers and companies in the agriculture sector.

Seqana has also been actively involved in shaping standards for the voluntary carbon market by contributing to methodologies like Verra’s VM0042 v3 and Gold Standard’s SOC Model Guidelines. Its products, used by clients such as Danone, eAgronom, Klim, and Bayer, have been instrumental in measuring soil carbon at a large scale, covering millions of hectares so far.

Monique Meulemans, Partner at Pymwymic, expressed confidence in Seqana’s ability to transform agricultural resilience through its innovative technology. The funding secured by Seqana will be utilized to enhance its soil carbon MRV tools and expand measurement capabilities to include additional soil health indicators and carbon pools. These advancements will provide customers with valuable insights into the effectiveness of their regenerative agriculture initiatives and guide intervention strategies.