Jennifer Marston of Ag Funder News reports that Perennial has raised $18 million from Temasek, Bloomberg, and Microsoft.
- Perennial’s technology uses machine learning and remote sensors to determine the presence of carbon and other nutrients in the soil.
- The current process for measuring carbon levels in the soil is primarily done through soil tests in a lab, which take time to complete.
- As more companies look to reduce emissions through carbon offsets and carbon markets, technology such as this will be crucial to accurately measure emissions reductions and carbon sequestration in real time.
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