Kenyan climatetech startup Bio-Logical gets $1.3m to scale
TLDR
- Bio-Logical secures US$1.3 million to scale up biochar production facility, targeting 100,000 tonnes of Carbon dioxide removal.
- Plans to launch three new facilities in Kenya to enhance operations and combat climate change.
- Funding round led by Redshaw Advisors, CrossBoundary, Delta Energy Capital, and Steyn Group, founded in 2022 by Rory Buckworth and Philip Hunter.
Carbon-removal startup, Bio-Logical, intends to scale up their biochar production facility to handle 100,000 tonnes of Carbon dioxide over the next one and a half years, after receiving US$ 1.3 million from various investors in its latest round.
The startup also plans to roll out three new facilities to boost its Kenyan operations and accelerate efforts to combat climate change. Bio-Logical’s funding round was led by Redshaw Advisors, CrossBoundary, Delta Energy Capital, and Steyn Group.
The startup, which was founded in 2022 by Rory Buckworth and Philip Hunter, received its seed funding worth $1 million in November last year to streamline operations at their Mt.Kenya Facility.
Points clés à retenir
Smallholder farmers, who are among the most severely affected by climate change, are currently suffering from a climate crisis they did not cause. Bio-Logical addresses this by using carbon removals to sequester carbon and develop affordable soil-regenerating fertilizers. These fertilizers boost yields and enhance the climate resilience of smallholder farmers throughout Kenya. Innovations like Bio-Logical's are a key reason why Kenyan climate-tech startups have received the highest funding on the continent, accounting for 53% of the total share, according to Statista. Over 29 of these climate-tech startups have raised more than $100,000 each, underscoring Kenya’s readiness to transition to green-based solutions.
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