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Environment Tech Series B Founded 2022

Varaha

Varaha is a climate technology company that enables smallholder farmers to generate carbon removal credits through nature-based solutions. The company develops and manages carbon removal initiatives including enhanced rock weathering, regenerative agriculture, biochar production, and afforestation across South Asia. Using proprietary measurement, reporting, and verification (MRV) technology, Varaha quantifies carbon…

📍 Gurugram, India · Air Pollution Management Tech,

Funding snapshot

Last roundSeries B
Amount$2M
Date27 February 2026
Total raised$35M
Valuation128,505,007 (Feb 27, 2026)
Team size201

About

Varaha is a climate technology company that enables smallholder farmers to generate carbon removal credits through nature-based solutions. The company develops and manages carbon removal initiatives including enhanced rock weathering, regenerative agriculture, biochar production, and afforestation across South Asia. Using proprietary measurement, reporting, and verification (MRV) technology, Varaha quantifies carbon removal outcomes and generates high-quality carbon credits sold to corporations seeking to meet decarbonization and sustainability goals. The platform connects rural agricultural communities with global carbon markets, creating additional income streams for farmers while addressing climate change. Founded in 2022 and headquartered in Gurugram, India, Varaha has raised $34.9 million in Series B funding from investors including Orios Venture Partners, Omnivore, RTP Global, The Norinchukin Bank, Mirova, and WestBridge Capital.

Business model

Air Pollution Management Tech > Carbon Management > Carbon Capture > Carbon to Materials > Biochar,

Solid Waste Management Tech > Recycling > Organic Waste Conversion > Biochar

Team background

Company Wise > Goldman Sachs, Flipkart,

College Wise > IIM Ahmedabad

Institutional investors

Orios Venture Partners Omnivore RTP Global Better Capital Prodapt Theia Ventures QED Innovation Labs Neelu Aneesha Family Trust The Norinchukin Bank AgFunder Octave Well-Being Economy Fund DRW Trading Group Octaveverduraholding Mirova WestBridge Capital

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