Climatetech startup Equilibrium raises $3 million to expand multipathway carbon removal portfolio

Equilibrium, a digitally-enabled, full-stack carbon project developer, has raised $3 million in a seed funding round from Kalaari Capital, Peak XV Partners and Avaana Capital.

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Equilibrium integrates carbon science, digital monitoring, and community-driven execution to deliver high-quality, verifiable carbon removals that reduce carbon emissions and build resilience in India’s food systems.

The startup's project portfolio spans agroforestry, regenerative agriculture, mangrove restoration, and biochar. These nature-based solutions help sequester carbon, diversify farmer incomes, and convert agricultural and biomass waste into valuable products.

It will use the raised capital to support the expansion of eight pipeline projects across nine Indian states, covering 120,000 hectares of land and engaging over 150,000 smallholder farmers. Collectively, these projects are expected to generate more than 20 million tonnes of high-quality carbon removal.

Equilibrium said it works with established local ecosystem players such as FPOs, NGOs, and agri-value chain actors. This approach allows for the creation of replicable investment-grade projects, even across fragmented smallholder farmer landscapes, the climatetech startup said.

It combines region-specific carbon science, digital MRV (measurement, reporting, verification) systems, and waste-to-value models that convert crop residues and invasive species into carbon removal and soil enrichment pathways. 

"We invested in Equilibrium because it pairs deep agricultural and carbon science with a digitally enabled operating system that makes on-ground implementation partners effective at scale. Its robust dMRV stack delivers auditable high-frequency tracking, and the team operates with the fiscal discipline, corporate governance, and rigour required to build high-integrity, high-quality, long-lived carbon assets," said Sampath P -  Partner, Kalaari Capital.

“Our mission is to bring scale and durability to carbon removal through a permanent switch to climate-resilient agriculture, and this requires sustained, appropriate pools of capital to execute long-term projects,” said Siddhanth Jayaram, founder of Equilibrium.