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Sistema.bio, a biogas technology, financing, and services for family farmers worldwide, has acquired Inclusive Energy (IE), a biogas and solar energy systems digital monitoring platform, to facilitate remote diagnosis, usage analytics for carbon reporting, and data insights for predictive maintenance.
With the acquisition, Sistema.bio will expand its offerings and grow in the IoT and remote sensing space. Sistema.bio will also better support farmers and partners with a real-time monitoring system for biogas digesters, utilize intelligent sensing and communication tools.
In a statement seen by TechMoran, Alex Eaton, CEO and co-founder of Sistema.bio, said: “We have been thoroughly impressed by Inclusive Energy’s digital MRV platform, which we have been integrating into our biogas units as part of our global carbon emissions reduction initiatives over the past three years. This acquisition marks an exciting new phase, allowing us to accelerate both technologies to better serve farmers and reduce carbon and methane emissions.”
Formerly Connected Energy, Inclusive Energy’s biogas remote monitoring, tracking, and reporting aligns seamlessly with Sistema.bio’s objective to provide sustainable and efficient biogas solutions to family farmers and stakeholders. The two firms aim to use their tech to improve the accuracy of carbon emission reduction reporting and enhance customer service for farmers.
Sistema.bio recently secured $15 million in financing to fuel its global growth especially to support its continued growth of its partnerships and the acquisition of IE is one of the immediate partnerships by the firm. Building on 2021 Series B funding, the $15 million 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.
“We are excited to join their mission to serve millions of farmers, and, together, to drive the biogas market forward towards its potential. With Sistema.bio we are well placed to ensure that Inclusive Energy’s digital technologies are used to improve lives and maximize credibility in the carbon markets.” said Vijay Bhopal, CEO of Inclusive Energy.
All existing Inclusive Energy customer and partner contracts will remain intact, ensuring data confidentiality, service access, and maintenance as originally agreed.