Tom Duncan
CEO
Earthbanc
Earthbanc is a carbon and finance platform that utilizes patented satellite AI technology for accurate measurement and monitoring of carbon stored in trees and soil, ensuring transparency in carbon credit projects. The platform addresses the lack of trust in carbon markets by providing cost-efficient MRV auditing and verified carbon removal claims, enabling scalable nature-based solutions for climate action.
- Agriculture Technology
- Artificial Intelligence
- Data & Analytics
- Blockchain & Cryptocurrency
- Clean Technology
- Financial Technology
- Software Only
Updated 7 months ago
Funding
Raised to date
$350KRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Rishabh Khanna
Co-Founder
Product
Problem
Current carbon markets lack transparency and cost-efficient methods for accurately measuring, reporting, and verifying (MRV) carbon stored in nature-based projects, leading to distrust and hindering scalability. Traditional MRV processes are expensive and time-consuming, making it difficult to validate carbon removal claims and attract investment in large-scale ecosystem restoration.
Solution
Earthbanc offers a carbon and finance platform that leverages patented satellite AI technology to provide accurate and cost-efficient MRV for carbon stored in trees, vegetation, and soil. Their technology enables transparent auditing of carbon credits, de-risking investments in carbon forward contracts and ensuring the validity of carbon removal claims. By using remote sensing and machine learning, Earthbanc reduces MRV costs by up to 10x and accelerates the process by up to 5x compared to conventional methods. The platform facilitates the development and financing of nature-based carbon removal projects, connecting investors with projects that restore land, promote regenerative agriculture, and support ecosystem restoration.
Target Audience
Earthbanc's primary customers include corporations committed to Net Zero, investors seeking to finance carbon removal projects, and landowners looking to develop agroforestry projects on their land.
Features
- Patented satellite AI technology for accurate measurement of carbon stocks in trees, vegetation, and soil
- Cost-efficient MRV auditing, up to 10x cheaper and 5x faster than traditional methods
- Coordination and financing of carbon credit projects listed on Verra, Gold Standard, or Regen Registry
- ISO 26000 auditing processes for internal quality assurance
- Project metadata provided to registries and on-chain markets for accuracy of carbon claims
- AI-enabled MRV technologies that reduce carbon auditing and issuance costs
- Sustainable Land Bonds to incentivize land restoration