Fundraising Fox

Carbonfarm

Entrepreneur First '22

Paris, FR · Founded 2022 · 5 known investors

carbonfarm.tech

CarbonFarm uses satellite imagery and AI to monitor, verify, and certify methane-reduction and decarbonisation projects in rice farming, quantifying emissions and additionality at the paddy level. It serves rice value chain participants, project developers, traders, carbon project investors, and international organisations working with smallholder rice farmers.

Also known as CarbonFarm · CarbonFarm Technology · CarbonFarm Techology

AgTechAI & Machine LearningClimate Tech

Founders & leadership

Carbonfarm was founded in 2022 by Vassily Carantino and James Hastwell.

VC
Vassily CarantinoinCEO
JHJames Hastwell
James HastwellinCTO

Investors · 5

Also in the syndicate · 3

BPI FranceRacine2leadTechMind

Company profile

researched Aug 2026

CarbonFarm Technology is a Paris-based climate technology company that applies satellite remote sensing and machine learning to the measurement, reporting and verification (MRV) of greenhouse gas reductions in rice cultivation. Its proprietary models remotely detect farming practices such as water management (including alternate wetting and drying) and straw management, then use scientifically validated emissions models that account for observed practices, growing conditions and soil type to estimate baseline and project emissions. Because remote sensing data can be used retrospectively, the company states it can reconstruct historical baselines and verify additionality claims at the level of individual paddies.

Beyond MRV, the company positions itself as an end-to-end provider: it supports project design, satellite-based monitoring, GHG quantification, management of the certification process with carbon registries including Verra and Gold Standard, and the sale of resulting credits. It supports Article 6 projects, Scope 3 quantification for corporate rice buyers, and voluntary carbon market projects. The company frames satellite data as an independent alternative to self-declared farming practices recorded in paper logbooks, which it describes as fraud-prone, expensive to collect and difficult to scale in smallholder contexts.

CarbonFarm's public materials cite rice as the source of roughly 12% of global man-made methane emissions and about 30% of global freshwater withdrawals, and claim sustainable practices can halve emissions and cut water use by 38%, affecting some 140 million smallholder rice farmers.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Additional annual farmer profit claimedOct 2023Up to 20% additional profit per year
Carbon credit priceOct 2023$25
Headcount rangeJan 202611-20
Nationalities represented on teamJan 2026Over 12 countries
Share of carbon credit revenue targeted to be passed to farmersOct 202370-75%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 5

launches, deals, and filings
May 2026
Case study: Scope 3 outcomes in Phase 2 of SRP's Low Carbon Assurance Module

Company-published case study describing CarbonFarm's support for Scope 3 outcomes in Phase 2 of the Sustainable Rice Platform's Low Carbon Assurance Module.

source ↗

Jan 2026
Case study: sustainable rice value chain in Viet Nam's Mekong Delta

Company-published case study on moving from project delivery to market visibility for a sustainable rice value chain in the Mekong Delta.

source ↗

Oct 2023
CarbonFarm Technology raises €2.5M ($2.6M) seed round

Seed round with participation from Racine2 (operated by Serena and makesense), TechMind, Ponderosa Ventures, AgFunder, Climate Capital and BPI France; funds earmarked for expansion into major rice-growing regions in Asia, Africa and South America.

$2.6M source ↗

Oct 2023
MRV provider for first Article 6.2 rice methane project, implemented by UNDP in Ghana

CarbonFarm provides MRV for what it describes as the first Article 6.2 project on rice methane, implemented by the United Nations Development Programme in Ghana.

source ↗

Nov 2022
MRV role in Vietnam low-carbon rice production project

CarbonFarm began supporting lower-carbon rice production in Vietnam using satellite technology, developing the MRV system and overseeing the carbon credit process from MRV through certification to sale.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Carbonfarm do?
CarbonFarm uses satellite imagery and AI to monitor, verify and certify methane-reduction projects in rice farming.
Who founded Carbonfarm?
Carbonfarm was founded by Vassily Carantino, James Hastwell in 2022.
Who are Carbonfarm's investors?
Carbonfarm's investors include AgFunder, Entrepreneur First.
Where is Carbonfarm headquartered?
Carbonfarm is headquartered in Paris, FR.