Seqana, a Berlin-based digital MRV (Monitoring, Reporting and Verification) company that quantifies soil health using satellite imagery and machine learning, has closed a €3.2 million funding round.
The round was led by Pymwymic, joined by existing investors HTGF and Counteract. The round is a mix of venture capital and debt capital, including a startup loan from Landwirtschaftliche Rentenbank, and builds on earlier investment from Counteract and HTGF, alongside grant funding from the European Space Agency.
“Carbon is core to what we do, and it stays that way. It’s how the market first learned to put a value on soil, and the discipline our measurement is built on. What this round adds is the ability to manage the rest of what healthy soil delivers: yield stability, product quality and ultimately supply chain continuity. Together, that gives companies a far fuller picture of the ground their supply depends on,” said Stefan Goenner, co-founder and CEO of Seqana.
Founded in 2020, Seqana builds digital MRV tooling to quantify soil health indicators at scale. Its mission is to bring cost-effective, scalable solutions to soil carbon MRV without compromising on accuracy or scientifically rigorous approaches.
According to the company, soil health is becoming central to how agrifood and commodity companies manage both climate goals and supply chain risk. It states that soil carbon, a keystone indicator of overall soil health, remains one of the most scalable natural carbon sinks available.
Measuring soil carbon levels and their accumulation over time across agricultural lands assesses soil health and can also gauge the effectiveness of regenerative agriculture efforts in the voluntary carbon market (VCM), explains Seqana.
Alongside the VCM, soil health is emerging as a measurable financial risk: degradation already costs the EU an estimated €50 billion a year, and more than 60% of European soils are classed as unhealthy (European Commission).
“The link to agricultural supply chain resilience is quantifiable. During the 2023 droughts in Europe, French farms using advanced regenerative practices lost just 8% of their yields, against 22% on the least regenerative farms,” mentioned the company.
Seqana works with fibre, food, and fuel companies and carbon project developers across millions of hectares, providing insights into soil health through tools like Digital Soil Maps and Soil Sampling Designs. These insights enable customers to credibly track progress on regenerative agriculture, claim CO2 removals, and build supply chain resilience.
The company pairs proprietary machine learning models with ground-truth data and satellite imagery to build tools like Digital Soil Maps that quantify soil health for project developers and food, fibre, and fuel companies.
Seqana also helped shape the standards for the voluntary carbon market by co-authoring Verra’s VM0042 v3 methodology and Gold Standard’s SOC Model Guidelines. Seqana’s products, used by clients like Danone, eAgronom, Klim, and Bayer, operate in real-world settings to help project developers and Agrifood companies measure soil carbon on a large scale, with millions of hectares evaluated so far.
“Seqana is turning soil organic carbon from an invisible asset into a measurable one. We are proud to back a technology with the potential to transform how agricultural resilience is understood and rewarded,” said Monique Meulemans, Partner at Pymwymic.
With this capital, Seqana plans to accelerate the development of its soil carbon MRV tooling while also extending measurement capabilities to additional soil health indicators and carbon pools. These new developments will give customers a clearer picture of how well their regenerative agriculture programs are working and where they should prioritise intervention.
