Key Takeaways
- Cultivo has acquired Kateri, a U.S.-based carbon grasslands project developer, effective December 1, 2025.
- The combined entity strengthens Cultivo’s vertically integrated model for developing, operating, and financing large-scale grasslands natural assets.
- The acquisition builds on an 18-month partnership supported by Octopus Energy Generation’s USD 40 million commitment, enabling more than 650,000 acres of grasslands to be signed.
- Combined projects have the potential to remove over 9 million tonnes CO₂e over 30 years—equivalent to 300,000+ tonnes CO₂e annually.
- Kateri adds capabilities in rancher engagement, soil carbon modeling, and virtual fencing, complementing Cultivo’s project finance, design, and MRV technology stack.
Cultivo Expands Grasslands Platform With Acquisition of Kateri
Acquisition Strengthens U.S. Grasslands Regeneration and Carbon Project Capabilities
Cultivo, an operator and developer of large-scale natural capital assets, announced the acquisition of Kateri, a leading U.S. carbon grasslands project developer. The deal, effective December 1, 2025, creates a unified platform with institutional-grade capabilities to unlock the ecological and financial value of grasslands across the United States and globally.
The acquisition follows an 18-month partnership between the two companies, catalyzed by Octopus Energy Generation’s USD 40 million commitment to grasslands projects. Together, Cultivo and Kateri have already secured over 650,000 acres—roughly the size of Rhode Island—with the potential to remove more than 9 million tonnes CO₂e over 30 years.
“Our mission to deploy capital to nature as an infrastructure platform company takes a big step forward today,” said Dr. Manuel Piñuela, CEO and Co-Founder of Cultivo. “The acquisition of Kateri allows us to continue our vertical integration and focus on North American grasslands. By restoring millions of acres with our growing group of ranchers, we will secure livelihoods, capture carbon, support life, and increase water retention in soils.”
Combined Capabilities Create a Market Leader in Grasslands Carbon Projects
Following the acquisition, the integrated Cultivo–Kateri platform will offer:
- Project finance and offtake expertise
- Design, development, and management of grasslands natural assets
- Soil carbon modeling and quantification
- Rancher engagement and land stewardship programs
- Advanced MRV technology
- Virtual fencing and GPS-enabled grazing management tools
- Remote sensing and biogeochemical modeling
These capabilities position the combined company as a leading provider of high-quality soil carbon removal projects in the expanding voluntary carbon market.
Kateri Brings Rancher Networks and Technology Innovations
Kateri contributes long-standing relationships with ranchers across the U.S., deep technical knowledge in soil carbon science, and innovations such as virtual fencing that enhance sustainable grazing management.
“Cultivo’s innovative approach to grasslands regeneration using virtual fencing and their dedication to high quality project development was the inspiration to found Kateri,” said Ben Veres, CEO and Founder of Kateri. “We have partnered closely with Cultivo over the last couple of years, and there is a natural fit between the two companies.”
Grasslands: A Critical Global Carbon Sink
Grasslands store over one-third of the world’s terrestrial carbon, making restoration and sustainable grazing management essential climate strategies. With rising corporate demand for soil carbon removal credits, land stewards and investors are increasingly seeking scalable, scientifically robust solutions.
Cultivo and Kateri’s integrated approach—combining ecological knowledge, field operations, advanced modeling, and digital MRV tools—aims to accelerate the deployment of nature-based carbon projects while improving land resilience and rancher livelihoods.
