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Capturing carbon and funds: Loam Bio raises $105 million in Series B

An Australian startup using microbial technology to extend how long carbon can be stored in agricultural soil has secured $105 million in a Series B round co-led by Lowercarbon Capital and Wollemi Capital.

Loam Bio’s raise was also backed by Horizons Ventures, Acre Venture partners, Main Sequence, Grok Ventures and the Clean Energy Finance Corporation (CEFC) – a government-owned green bank that committed $9 million to the round…

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Business New Australia

Amila Dedovic

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Posted on 29 Aug 2023

Loam Founders standing in a field of canola