The $9.5 million round included participation from Lightspeed India, Godrej Industries Group, Cisco Foundation, Francis Family Fund, and Volta Circle . With this new capital, Mitti Labs' total funding since its 2023 launch reaches $12.5 million, following a $3 million seed round in July 2024 .
The significance of Aramco Ventures' participation extends beyond the check size: it marks the venture arm's first-ever investment in an Indian startup . Zayed AlAmri, Executive Managing Director at Aramco Ventures, framed the bet as both a technology and operating-model play, citing the challenge of knowing what happens on millions of small farms across a fifth of Asia's cultivated land .
Mitti Labs' platform combines synthetic aperture radar (SAR) satellite imagery, AI, and on-the-ground field data to create digital twins of individual rice fields . This technology powers Alternate Wetting and Drying (AWD) irrigation, a practice that cycles between flooded and dry periods rather than keeping paddies continuously submerged. The results are significant: water use drops by roughly 40%, and methane emissions — a potent greenhouse gas — fall by more than 50%, all while maintaining rice yields .
The company generates revenue through two channels: verified carbon credits sold to corporations, and a subscription-based GeoAI platform .
Mitti Labs already runs what it describes as the largest AWD program in the world . The startup operates across multiple Indian states, including Telangana and Andhra Pradesh . A LinkedIn post from the founding team notes programs covering roughly 70,000 hectares across six Indian states, supported by more than 500 field agents .
The farmer adoption curve has been steep: from approximately 8,000 farmers in its first season (2024) to over 100,000 farmers by the 2026 season . The startup's workforce has grown to 150 employees, with most based in India .
With the new capital, Mitti Labs plans two simultaneous moves: deeper expansion within India, and greenfield projects in the Philippines and Indonesia . The company has also expressed broader ambition to expand into other Southeast Asian markets over time .
Mitti Labs has attracted notable corporate clients across technology, food, and agriculture:
Food and agriculture companies now buy Mitti's field-level data for their own supply chains, separate from the carbon credit business, signaling growing commercial validation .
Mitti Labs' projects in Telangana and Andhra Pradesh have received an "A" rating from carbon credit ratings agency Sylvera, a quality signal that has helped attract corporate buyers . The company also holds an $850,000 NASA grant, according to investor Lightspeed India .
Rice cultivation covers roughly a fifth of Asia's cultivated land and is both a major water consumer and a significant source of methane emissions . By combining satellite-based monitoring with AI-driven insights and on-the-ground field operations, Mitti Labs has created a model that is both verifiable and scalable — turning rice paddies from a climate liability into a verifiable climate asset.
The $9.5 million round included participation from Lightspeed India, Godrej Industries Group, Cisco Foundation, Francis Family Fund, and Volta Circle . With this new capital, Mitti Labs' total funding since its 2023 launch reaches $12.5 million, following a $3 million seed round in July 2024 .
The significance of Aramco Ventures' participation extends beyond the check size: it marks the venture arm's first-ever investment in an Indian startup . Zayed AlAmri, Executive Managing Director at Aramco Ventures, framed the bet as both a technology and operating-model play, citing the challenge of knowing what happens on millions of small farms across a fifth of Asia's cultivated land .
Mitti Labs' platform combines synthetic aperture radar (SAR) satellite imagery, AI, and on-the-ground field data to create digital twins of individual rice fields . This technology powers Alternate Wetting and Drying (AWD) irrigation, a practice that cycles between flooded and dry periods rather than keeping paddies continuously submerged. The results are significant: water use drops by roughly 40%, and methane emissions — a potent greenhouse gas — fall by more than 50%, all while maintaining rice yields .
The company generates revenue through two channels: verified carbon credits sold to corporations, and a subscription-based GeoAI platform .
Mitti Labs already runs what it describes as the largest AWD program in the world . The startup operates across multiple Indian states, including Telangana and Andhra Pradesh . A LinkedIn post from the founding team notes programs covering roughly 70,000 hectares across six Indian states, supported by more than 500 field agents .
The farmer adoption curve has been steep: from approximately 8,000 farmers in its first season (2024) to over 100,000 farmers by the 2026 season . The startup's workforce has grown to 150 employees, with most based in India .
With the new capital, Mitti Labs plans two simultaneous moves: deeper expansion within India, and greenfield projects in the Philippines and Indonesia . The company has also expressed broader ambition to expand into other Southeast Asian markets over time .
Mitti Labs has attracted notable corporate clients across technology, food, and agriculture:
Food and agriculture companies now buy Mitti's field-level data for their own supply chains, separate from the carbon credit business, signaling growing commercial validation .
Mitti Labs' projects in Telangana and Andhra Pradesh have received an "A" rating from carbon credit ratings agency Sylvera, a quality signal that has helped attract corporate buyers . The company also holds an $850,000 NASA grant, according to investor Lightspeed India .
Rice cultivation covers roughly a fifth of Asia's cultivated land and is both a major water consumer and a significant source of methane emissions . By combining satellite-based monitoring with AI-driven insights and on-the-ground field operations, Mitti Labs has created a model that is both verifiable and scalable — turning rice paddies from a climate liability into a verifiable climate asset.