Planboo Secures $1.1M in Funding to Expand Biochar Production Using MRV Technology

In 2020, Planboo was founded with the goal of scaling biochar production in the Tropics. The company has recently achieved a significant milestone by raising over $1.1 million in funding from investors such as Katapult, Silverstrand Capital, Rockstart, Imaginal Seeds, and 8+ Ventures.

One of Planboo’s key approaches is its transparent tracking of the entire biochar production process using digital MRV technology. This technology is designed to be flexible and adaptable to different types of kilns and biomass, making it easier for projects to scale up in various tropical locations simultaneously.

Planboo’s dMRV tool plays a crucial role in remote tracking and auditing of biochar production and application, reducing tracking time, minimizing human error, and ensuring transparency in the supply chain. In addition to its dMRV tool, Planboo utilizes hardware such as the IoT Greenbox to automate data collection from biochar production. This enables real-time verification of carbon credits from anywhere, further enhancing transparency and accountability.

With a mission to remove 1 billion tonnes of CO2 by 2050, Planboo is paving the way for sustainable carbon removal practices in the biochar sector. Investors like Katapult VC and Imaginal Seeds have expressed their support for Planboo’s efforts to drive innovation and make a positive impact in the global biochar market.

By Samantha Johnson

As a content writer at newsnmio.com, I craft engaging and informative articles that aim to captivate readers and provide them with valuable insights. With a background in journalism and a passion for storytelling, I thoroughly enjoy delving into diverse topics, conducting research, and producing compelling content that resonates with our audience. From breaking news pieces to in-depth features, I strive to deliver content that is both accurate and engaging, constantly seeking to bring fresh perspectives to our readers. Collaborating with a talented team of editors and journalists, I am committed to maintaining the high standards of journalism upheld by our publication.

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