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Farmers Business Network spins off GRO Network to track agricultural carbon



ImpactAlpha, September 8 – A new venture from California-based agtech company Farmers Business Network is tracking the carbon footprint of grains. GRO Network’s aim is to help regenerative farms get premium pricing for sustainably grown crops and connect with buyers like Unilever and biorefinery Poet.

“The end result of this shared effort is to both accelerate the adoption of regenerative practices and give [farmers] the opportunity to maximize profit potential,” the company writes

Indigo Agriculture has also designed and launched a farmer-focused sustainability incentive. The company’s Terraton Initiative is a carbon marketplace that pays farmers for carbon they sequester in their soil.

Indigo is shaking up its leadership after raising $360 million last month to expand its the initiative. CEO David Perry has stepped down and is being replaced by Flagship Pioneering’s Ron Hovsepian.

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