Mitti Labs, a New York- and Bengaluru-headquartered climate-tech startup, has raised $9.5 million in an investment led by Aramco Ventures, Saudi Aramco's venture arm, to expand across Asia with a platform that combines satellite imagery, AI, and field operations to help farmers cut water use and methane emissions. The startup plans to launch operations in the Philippines later this year, before expanding into Indonesia and other Southeast Asian markets in 2027.
Saudi Aramco Backs Mitti Labs to Improve Water Resilience in Rice Farming
UKPulse Money DeskMitti Labs, a climate-tech startup, has raised $9.5 million in an investment led by Aramco Ventures to expand across Asia with a platform that helps farmers cut water use and methane emissions.
- Mitti Labs has raised $9.5 million in an investment led by Aramco Ventures.
- The startup plans to expand across Asia with a platform that helps farmers cut water use and methane emissions.
- Rice farming is one of the most water-intensive crops to grow, accounting for a significant share of agricultural methane emissions.
Why this matters: This investment could help millions of smallholder farmers in Asia reduce water use and methane emissions without affecting yields.
What this means for you: If you're a rice farmer or involved in the agriculture industry, this investment could lead to new opportunities for reducing water use and methane emissions.