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Varaha, a climate-tech startup, raised $45M to expand carbon removal projects in South and West Africa, backed by major tech firms.
Climate-tech startup Varaha has raised $45 million in a Series B round led by WestBridge Capital, with $20 million already deployed.
The funding will expand its carbon removal projects in India, Nepal, Bangladesh, Bhutan, and the Ivory Coast, focusing on biochar, afforestation, and other methods.
Varaha, founded in 2022, has long-term carbon offtake agreements with Google, Microsoft, and a major U.S. aviation firm, securing a $100 million order book.
The investment marks WestBridge’s entry into climate tech, reflecting growing confidence in scalable carbon removal solutions.
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Varaha, una startup de tecnología climática, recaudó 45 millones de dólares para expandir proyectos de eliminación de carbono en el sur y el oeste de África, respaldados por grandes firmas tecnológicas.