Sistema.bio, an agritech social enterprise led by Camilo Pages and Alexander Eaton, has secured $15 million in financing to fuel its global growth especially to support its continued growth of its partnerships, markets served and range of bioenergy products delivered to farmers.
The round of funding was led by ElectriFI and existing investors including Chroma Impact Investment, KawiSafi Ventures, AXA IM Alts, Blink CV, and EcoEnterprises Fund. Existing lenders FMO, Triodos and EcoEnterprises also particpiated. BIX Capital, and UK Charity Shell Foundation provided the catalytic junior debt, co-funded with UK aid from the UK Government.
“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”.
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.
In 2021, Sistema.bio raised $15.6 million in a Series B investment round to help it deliver clean and renewable energy to 1 million farmers and their families by 2025 to support the continued growth and scale of the company’s innovative waste-to-energy technology and business model.
In 2019, Sistema.bio closed a Series A investment round of US$12 Million led by DILA CAPITAL, Engie RDE Fund, EcoEnterprise Fund with participation of Endeavor Catalyst among others.
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.
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.
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.”
Over the past decade, Sistema.bio has grown into one of the largest integrated renewable energy and agricultural technology companies in the world focused on small-scale agriculture, with more than 100,000 biogas units installed to date operating in over 35 countries. This latest investment round will enable the company to further scale its operations, enhance its technology, and improve customer service offerings. This funding allows Sistema.bio to accelerate its mission of creating value from waste and delivering clean energy and organic fertilizer to smallholder farmers, installing regenerative agricultural systems and improving livelihoods globally.