With new funding, Sistema.bio aims to empower farmers, promote renewable energy, and advance climate resilience across African markets.
Sistema.bio, one of the global leaders in biogas technology and services for family farmers, has announced a $3.5 million investment from Novastar Ventures as part of its recent $7.75 million internal financing round.
This funding will accelerate Sistema.bio’s growth into new African markets, the development of innovative agricultural and energy products, and overall expansion efforts.
Empowering Farmers with Sustainable Biogas Solutions
Novastar’s investment reinforces Sistema.bio’s mission to support low-resource farmers with sustainable technologies that drive economic growth, climate resilience, and regenerative agriculture. “Together, we are scaling impactful technologies that benefit both people and the planet,” said Joyce Cacho, Board Chairman of Sistema.bio.
Steve Beck, Co-founder and Managing Partner at Novastar Ventures, highlighted the transformational potential of Sistema.bio’s biogas systems: “Their technology empowers farmers to convert waste into renewable energy and fertilizer, boosting productivity while reducing greenhouse gas emissions. We’re excited to support their growth at this pivotal moment.”
Driving Growth Through Innovation and Climate Action
Sistema.bio plans to utilize the funding to:
- Expand into new regions across Africa.
- Introduce advanced agricultural and energy solutions.
- Accelerate initiatives in carbon emission reduction and renewable energy adoption.
Alex Eaton, CEO and Co-founder of Sistema.bio, emphasized the company’s commitment to global climate action: “With Novastar’s support, we aim to scale our impact across Africa and work toward reducing annual global greenhouse gas emissions by 1% by 2030.”
Future Prospects and Industry Leadership
In 2024, Sistema.bio raised $18.5 million in total financing, with plans to expand its services and develop new products. The company’s innovative biogas systems, combined with digital measurement and verification technology, position it as a leader in renewable energy and regenerative agriculture.
This latest funding also sets the stage for Sistema.bio’s upcoming Series C round, aimed at furthering its mission to empower smallholder farmers while advancing global climate goals.