Climate tech startup Equilibrium Raise $3 million in a seed round

Bengaluru-based climate tech startup Equilibrium has raised US$3 million (~Rs 25 crores) in a seed round from Kalaari Capital, Peak XV Partners, and Avaana Capital to scale its projects and strengthen its technology, science, and operations teams.

Founded by Siddhanth Jayaram and Sricharann Seshadri, Equilibrium generates high-quality carbon credits by assisting them in adopting climate-resilient practices, including agroforestry, regenerative agriculture, mangrove restoration, organic farming, and biochar utilisation.

The company, formerly known as Climes Projects, partners with NGOs, farmer-producer organisations, and local community groups to bring smallholder farmers into the carbon economy.

Through this, the Equilibrium is also able to mobilise climate finance, regenerate degraded land, and empower rural communities.

Their approach combines digital technology with monitoring, reporting, and verification (MRV) systems, along with carbon science and financial structures, to deliver measurable climate impact.

Through digital MRV and science-backed methodologies, climate tech startup Equilibrium brings transparency to carbon markets, which is vital for maintaining investor and buyer confidence.

The fresh funding will support the expansion of eight pipeline projects across nine states, covering 120,000 hectares of land and involving more than 150,000 farmers. 

Siddhanth Jayaram, in his social media post, said the focus is on scaling projects. “With this round, we’re doubling down on building a portfolio of projects that are investment-grade, scientifically rigorous, and deeply local. And we’re doing it with the kind of partners who understand that solving for the climate isn’t a quarter-by-quarter game, but a long-haul pursuit.”

Equilibrium is part of a growing landscape where reliable carbon removal and credits are crucial for climate finance, net-zero pledges, and verifiable climate impact.

Globally, numerous companies have emerged that are developing innovative techniques to sequester carbon dioxide from the atmosphere. Their projects directly remove carbon dioxide from the atmosphere, helping to counteract global warming and deliver measurable progress toward net-zero targets.

In India, Equilibrium competes with Varaha, a Gurugram-based company specialising in carbon credits generated from regenerative agriculture and agri-value chain projects.

West Bengal-based Alt Carbon is another climate tech company that focuses on carbon removal through enhanced rock weathering, soil carbon projects, and collaboration with global partners to achieve scalable carbon sequestration.