Klim, a leading European provider of insetting solutions that enable the food industry to transform its supply chains towards regenerative agricultural practices, announced the closing of its Series A funding round, led by BNP Paribas, Europe’s largest bank. The funding round also saw participation from prominent investors, including Earthshot Ventures, Rabobank, Agfunder, Norinchukin Bank, Achmea Innovation Fund, Ananda Impact Ventures, and Elevator Ventures, the VC of Raiffeisenbank International.
Launched in 2020, Klim’s goal is to accelerate the transition of the food and agricultural industry towards regenerative agriculture, addressing the critical challenges posed by industrial farming. Agriculture currently contributes about 20% of man-made greenhouse gas emissions annually while degrading soil health, disrupting ecosystems, and threatening global food security.
Klim aims to reverse these effects by offering food companies a seamless, scalable solution to transition and decarbonize their agricultural supply chains. Through its digital platform, farmers are empowered with the tools they need to plan, execute, and finance their transition to regenerative practices.
This enables farmers to restore soil health, improve farm resilience and biodiversity, capture carbon, and reduce farm emissions. With its digital platform, Klim addresses the key barriers for farmers, such as limited agronomist support and access to transition capital, and works with the largest food companies in the world. Thus, Klim enables the regenerative transition at speed and scale for maximum impact.
Over 3,500 farmers use the platform, cultivating over 700,000 hectares of land, representing 5% of German farmland. Klim’s vertically integrated solution has attracted industry heavyweights, with global CPGs such as Nestlé, Kaufland, and Aryzta among its clients. And by supporting these companies in adopting regenerative agriculture at scale, Klim helps them secure resilient supply chains, mitigate Scope 3 emissions, and enhance food quality.
The new funding round will enable Klim to expand internationally, enhance its platform and introduce a new financial services layer to accelerate the transition further. This is a major step in scaling regenerative agriculture, allowing farmers to secure the resources they need to transition effectively. ANd Klim’s partnerships with leading global banks, including BNP Paribas, are key to supporting Klim’s financial value proposition for its clients that will drive this systemic shift in farming practices.
KEY QUOTES:
“Our food system is undergoing a monumental shift, with regenerative agriculture at its core. Food companies must lead this transformation, but they can’t do without farmers. At Klim, we’ve developed a scalable, strategic approach to enable the regenerative transformation of the sector through our digital farmer platform to drive change at speed and scale. By combining strong partnerships with food companies and a farmer-centric approach, Klim is powering the biggest agricultural transition since the Green Revolution, enabling an industry-wide shift and maximum positive impact.”
“This investment marks a pivotal moment for Klim as we move to accelerate our impact globally. With the backing of world-class financial institutions, we are now in a strong position to scale our operations by adding new markets and product offerings.”
- Robert Gerlach, CEO of Klim
“Supporting companies that are driving the transition to a sustainable economy is central to our mission at BNP Paribas. Klim’s innovative platform and approach to scaling regenerative agriculture are perfectly aligned with our commitment to financing solutions that mitigate climate change, make the ecosystems more resilient and improve people’s livelihoods. We believe Klim will play a transformative role in reshaping food supply chains globally.”
- Maha Keramane, Head of BNP Paribas’ Positive Impact Business Accelerator
“Klim is solving one of the most pressing issues of our time—how to sustainably feed a growing population while restoring our planet’s ecosystems. Their digital platform, combined with a strong financial services component, positions them to rapidly scale and create meaningful impact across the agricultural landscape. We’re excited to be part of this journey.”
- Maximilian Schausberger, Managing Director at Elevator Ventures
“Through our investment in Klim, we hope to accelerate the transition to regenerative agriculture and mobilize the entire food and agricultural ecosystem in this mission. Together, we believe we can create more resilient systems that eventually benefit farmers, the environment, and society at large”
- Henrieke Hoftijzer, Investment Director at Achmea Innovation Fund
“To drive systemic change, we need to involve the entire F&A ecosystem. Klim’s proposition aligns well with Rabobank’s ambition to assist rural clients transition to sustainable practices and to provide wholesale clients with options and effective tools for decarbonization.”
- Martijn Scholtes, Head of Corporate Venturing at Rabo Investments, the investment arm of Rabobank
