Climate-Tech Startup Mitti Labs Raises $9.5 Million Led by Aramco Ventures
The platform currently works with farmers across 70,000+ hectares and supports Alternate Wetting and Drying (AWD) to reduce water use and methane emissions.
Climate-tech startup Mitti Labs has raised $9.5 million in a funding round led by Aramco Ventures, the venture capital arm of Saudi Aramco. Existing and new investors, including Lightspeed India, Godrej Industries Group, Cisco Foundation, Francis Family Fund, and Volta Circle, also participated in the round.
The company will use the fresh capital to deepen its presence across India, expand into international markets including the Philippines and Indonesia, and further strengthen its technology platform supporting climate-smart rice farming and carbon credit generation.
Founded in 2022 by Devdut Dalal and Xavier Laguarta Soler, Mitti Labs develops climate and agricultural intelligence solutions that help paddy farmers adopt sustainable irrigation practices while generating scientifically verified carbon credits through measurable reductions in greenhouse gas emissions.
Operating across Bengaluru and New York, the startup combines digital Measurement, Reporting and Verification (dMRV), artificial intelligence, remote sensing, satellite imagery, and climate science to monitor agricultural practices and quantify emissions reductions. According to the company, it currently works with tens of thousands of farmers across multiple Indian states, covering more than 70,000 hectares of farmland.
Its platform uses synthetic aperture radar (SAR) satellite imagery, AI, and ground-level field data to create digital twins of rice fields, enabling continuous monitoring of water usage, methane emissions, and crop conditions. The technology supports Alternate Wetting and Drying (AWD), a water-efficient irrigation method that periodically drains paddy fields instead of keeping them continuously flooded.
According to Mitti Labs, adopting AWD can reduce water consumption by up to 40% and cut methane emissions by nearly 50%, while enabling farmers to earn additional income through high-quality carbon credit programmes.
The company also said its carbon projects in Telangana and Andhra Pradesh have received an ‘A’ rating from carbon ratings agency Sylvera, validating the quality and integrity of the emissions reductions.