Tech Company Financing Transactions
Yard Stick PBC Funding Round
On 11/30/2023, Yard Stick PBC raised $1.4 million in Series A funding from Extantia Capital.
Transaction Overview
Company Name
Announced On
11/30/2023
Transaction Type
Venture Equity
Amount
$1,400,000
Round
Series A
Investors
Extantia Capital (Lead Investor)
Proceeds Purpose
Yard Stick provides a soil carbon measurement solution, which includes proprietary hardware and software, to solve the high cost issue of accurately sampling, quantifying and verifying carbon sequestration in soil, a critical part of offsetting projects. The company's technologies can measure soil organic carbon up to a metre in depth, create statistically-sound sample plans and collect measurement data in real time, while at the same time reducing the cost of measurement by 70-90%.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
Undisclosed
Cambridge, MA 02138
USA
Cambridge, MA 02138
USA
Phone
Undisclosed
Website
Email Address
Overview
Yard Stick Is A Public Benefit Corporation Focused On Soils' Role In The Climate Crisis. Soil carbon sequestration efforts to date have been significantly hampered by the complexity and cost of measuring soil organic carbon (SOC) authoritatively and affordably. Our mission is to fix that problem. By reducing the cost of high-quality SOC measurement by 90%+, we will dramatically expand the opportunities for evidence-based climate-positive agriculture and ranching practices to simultaneously improve ecosystem health, increase farmer/rancher livelihoods, restore soil health, and combat climate change.
Management Team
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