Key Takeaways
- Proba raised €1.25 million to support market expansion into the United States and Brazil.
- The funding round included participation from Future Food Fund, Yield Lab Europe, and Value Factory Ventures.
- Proba focuses on certifying fertilizer-related Scope 3 emission reductions in agri-food supply chains.
- Expansion targets major crop value chains, including coffee, corn, potatoes, and sugar.
- The company aims to scale verified and traceable emissions reductions across the Americas.
Proba Secures €1.25M to Support International Expansion
Proba, a start-up specializing in the certification of Scope 3 emission reductions in the agri-food supply chain, has raised €1.25 million to expand its operations into the United States and Brazil. The funding round included continued support from existing investors Future Food Fund, Yield Lab Europe, and Value Factory Ventures.
According to Proba, the capital will be used to strengthen its ability to help global agri-food companies deliver compliant, traceable, and scalable fertilizer-related emission reductions. The company works across several major crop value chains, including coffee, corn, potatoes, and sugar, where fertilizer use represents a significant share of total emissions.
Addressing Fertilizer-Related Emissions in Agriculture
Agriculture is a major contributor to global greenhouse gas emissions, with nitrogen fertilizer production and use accounting for approximately 5% of global emissions. For many staple crops, fertilizer-related emissions form a substantial portion of their overall carbon footprint.
