Sistema.bio, a biogas technology firm has secured a package of $15 million in financing to fuel its global growth.
Led by ElectriFI, managed by the EDFI Management Company, the financing was completely funded by Sistema.bio’s existing investors and will cover a variety of growth and diversification goals ahead of Sistema.bio’s anticipated Series C financing in 2025.
A large portion of Sistema.bio’s existing equity investors participated in the financing, including Chroma Impact Investment, KawiSafi Ventures, AXA IM Alts, Blink CV, and EcoEnterprises Fund.
Additional financing was provided by existing lenders FMO, Triodos and EcoEnterprises as extensions to existing facilities. BIX Capital, and UK Charity Shell Foundation provided the catalytic junior debt, co-funded with UK aid from the UK Government.
What Happens Next
The current funds will support the continued growth of its partnerships, markets served and range of bioenergy products delivered to farmers.
Building on 2021 Series B funding, the financing package in 2024 is designed to fund growth and unlock additional external capital. This will further fuel Sistema.bio’s expansion and innovation in its efforts to provide affordable, sustainable energy and regenerative agricultural solutions to family farmers worldwide.
About The Company
Sistema.bio’s innovative biogas technology transforms animal waste into clean biogas for cooking, heating, and electricity generation, while also producing nutrient-rich biofertilizer that boosts agricultural productivity.
Leveraging advanced data tracking platforms, Sistema.bio enhances its impact by delivering high-quality carbon mitigation, sequestration, and climate change adaptation programs. These initiatives aim at contributing to the decarbonization of agriculture and supporting a shift towards regenerative farming practices.
By The Numbers
With operations across three continents, Sistema.bio has positively transformed the lives of over 100,000 farms and more than 600,000 people worldwide, while reducing over 1 million tons of CO2e emissions annually.
What They’re Saying
Alexander Eaton, CEO and co-founder of Sistema.bio, emphasized his appreciation for the continued support from long-term partners: “The continued trust of ElectriFI and our coalition of investors allows us to focus on our work of engaging millions of farmers to help fight the climate crisis and deliver food security. We are now better positioned to reach our goal of empowering one million farmers by 2025, and reducing 1% of global emissions by 2030.”
“Chroma Impact is excited to deepen our collaboration with Sistema.bio as they continue to lead the way in sustainable energy solutions for smallholder farmers,” said Manoël Ancion, Managing Director at Chroma Impact Investment. “By aligning with Sistema.bio, we are investing in a future where agriculture plays a key role in the global fight against climate change and poverty.”
“We are proud to strengthen our partnership with Sistema.bio, a company that consistently delivers scalable, high-impact solutions for smallholder farmers,” said Liesbet Mijlemans, Senior Investment Officer at EDFI Management Company. “Their technology not only provides clean energy but also boosts agricultural resilience, which is critical in underserved regions”.
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