Grace Ashiru
Sistema.bio has closed $53 million in initial funding for FarmCarbon, a carbon finance vehicle, the company announced on March 17, 2026.
The funding round was led by BNP Paribas Asset Management Alts (BNPP AM Alts), British International Investment (BII), and Shell Foundation, according to the announcement.
Sistema.bio was founded in 2010 and operates in 35 countries across Africa, Asia and Latin America, according to company information. The company has worked with more than 200,000 users, according to company data.
FarmCarbon will finance the deployment of more than 90,000 biodigesters globally, according to the company. The biodigesters convert livestock waste into biogas and organic fertilizer, according to the system description
The initiative is expected to generate over 9 million tonnes of COâ‚‚ equivalent emissions reductions, according to company projections.
FarmCarbon uses a pre-financing model that allows farmers to access the value of future carbon credits upfront, according to the company. The facility secures emissions reductions in advance and delivers them to buyers through long-term carbon credit agreements, according to the financing structure.
Farmers receive biodigesters at a reduced cost, either immediately or over time, and transfer the rights to carbon credits generated by the hardware to the fund, according to the model description.
The project has received an ex-ante AAe rating from BeZero Carbon and a Core Carbon Principles label, according to the announcement.
The project incorporates digital measurement, reporting and verification systems to track impact, according to company information.
“For 15 years, Sistema.bio has worked hand-in-hand with farmers installing biodigesters,” stated Alexander Eaton, CEO and Co-founder of Sistema.bio, in the announcement. “FarmCarbon builds on that proven solution by bringing climate finance directly to farmers and enabling them to co-invest in energy, productivity, health, and climate outcomes on their own farms.”
“We believe our investment in FarmCarbon presents an opportunity to scale up a relatively low-risk, high-quality carbon project with potentially significant co-benefits for rural populations,” stated Jonathan Dean, Deputy Head of Natural Capital & Impact Private Equity at BNPP AM Alts, according to the announcement.
FarmCarbon aims to mobilize more than $1 billion in climate finance over the next decade, according to company projections.
Sistema.bio secured a $3.5 million investment from Novastar Ventures in early 2025, according to company information.
