Sistema.bio Raises $15 Million in Series B Funding Round

Sistema.bio has raised $15.6 million in its Series B, comprising a combination of equity, debt, and non-diluted capital to support the continued growth and scale of the technology and the company's waste-to-energy recovery business model.The round was led by investment from KawiSafi Ventures and matched by AXA IM Alts. Existing investors Engie RDE, European fund ElectriFI, Chroma Impact, Blink CV, and Co Capital also participated in this round, and Triodos Bank provided additional working capital.The startup provides access to biodigester technology, training, and financing for farmers. Its patented technology allows farmers around the world to efficiently convert their waste into renewable energy and biofertilizer. In 2021, the company sold 14,000 units and set up a new manufacturing facility in India. Sistema.bio was founded in 2010 in Mexico. It has more than 200,000 users in 30 countries, the company is the global leader in distributed biogas technology, service, and financing and has operational hubs in Mexico, Colombia, Kenya, and India. The company sold 14,000 units and set up a new manufacturing facility in India.