Key facts
- Mitti Labs secured $9.5 million in Series A funding.
- Saudi Aramco Ventures led the funding round.
- The funding will support the expansion of Mitti Labs' platform across Asia.
- Mitti Labs uses AI and satellite imagery for rice farming.
- The technology aims to reduce water usage in rice farming.
- The technology aims to reduce methane emissions in rice farming.
Mitti Labs, a climate-tech startup, has successfully secured $9.5 million in Series A funding. The investment round was led by Saudi Aramco Ventures, with participation from other investors. This capital infusion is earmarked for the expansion of Mitti Labs' AI and satellite imagery platform throughout Asia. The company's core technology focuses on enabling rice farmers to adopt more water-resilient farming practices. By leveraging artificial intelligence and satellite data, Mitti Labs aims to significantly reduce water consumption and methane emissions associated with rice cultivation. The expansion will allow the platform to reach more farmers across the Asian continent, promoting sustainable agricultural methods.