Varaha Raises $20M in Series B first close Funding

New backing supports the science and measurement behind carbon-removal projects, alongside partnerships to expand biochar production.

Round size
$20M
Stage
Series B first close
Headquarters
India
Announced
Feb 3, 2026

Turning agricultural residue into stored carbon

Biochar projects convert crop residues into a durable carbon-rich material. Other pathways include regenerative agriculture, agroforestry and enhanced rock weathering, giving the developer several ways to remove and store carbon.

Scaling through industrial partners

The expansion includes work with industrial partners on biochar and stronger measurement, reporting and verification. This is the $20 million first close of a planned $45 million Series B.

Where the funding goes

  • Measurement, reporting and verification capabilities
  • Scientific development and international expansion
  • Biochar industrial partnerships

Sources

  1. Varaha: funding announcement
  2. WestBridge: first tranche of the planned Series B
  3. Varaha: carbon-removal project pathways
  4. TechCrunch: first public funding date
03 / Related rounds

Related funding rounds

01
Series B · Semiconductors

MatX

MatX designs processors specifically for large language models, combining specialized computation and memory architecture for training and inference.

Led by Jane Street, Situational Awareness LP
$500M
02
Series B · Robotics

Bedrock Robotics

Bedrock Robotics develops autonomy systems that retrofit construction machines, including excavators, bulldozers and loaders, to perform work with less direct operator involvement.

Led by CapitalG, Valor Atreides AI Fund
$270M
03
Series C+ · Climate tech

Lunar Energy

Lunar Energy combines home batteries with Gridshare software that coordinates distributed energy devices into virtual power plants.

Led by Activate Capital, B Capital, Prelude Ventures
$232M