Overview

• Alt Carbon raised $12 million in a seed funding round led by Lachy Groom, with additional participation from Shastra VC and angel investors.
• The company deploys enhanced rock weathering, using basalt rock dust to permanently lock away CO₂ while improving soil health and crop yields.
• Funds will support the expansion of labs in Darjeeling and Bengaluru, R&D advancements, and the deployment of sensors and data models for precise carbon measurement.
• Alt Carbon plans to deliver its first carbon credits under approved methodologies within the next month, with estimates of $270 per metric ton.
• The startup is targeting the removal of 5 million tons of CO₂ by 2030, scaling operations to 500,000 hectares, and leveraging partnerships with Frontier and NextGen coalition.