Say hi to FairAtmos! This Indonesian climatetech startup just raised a $4.5M seed co-led by Go-Ventures and Kreasi Terbarukan TBS (the investment arm of energy company Toba Bara Sejahtra).

Investor check. Vertex Ventures Southeast Asia and India also joined in.

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🌳 Why it matters

Developing high-quality, scalable carbon sequestration projects is difficult and expensive. While Indonesia has the potential to become the world's carbon sink, there have only been a few projects in the country.

• Carbon sequestration is a natural or artificial process of storing carbon in the environment long term.
• A carbon sink is an environment that can absorb and store a lot of carbon dioxide and remove it from the atmosphere.

Their services also make it accessible for smallholder communities to build carbon sequestration projects, giving them extra income and protecting their environment.

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🧐 How it works

They have everything you need to build a successful carbon sequestration (aka, carbon credit) project in Indonesia.

• Founded early this year, they've worked with over 40 project developers in Indonesia.

From idea to action. Sign up, and they'll help you choose the best standards and methodology for your project. They'll even calculate the carbon potential of your project through their automation engine!

• You'll be able to generate a pre-feasibility report and understand the potential financial return and critical risks.
• Once everything is set, you can move on to due diligence and fundraising.

Fun, fun, funds! They'll connect your high-quality project with institutions and individual funders to help set you up for success.

Need to offset? Buy carbon credits on their marketplace to offer your personal or company emissions.

Got that network. Tap into their network of professionals to learn, ask technical questions or understand the market as you build your project.

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💰 What's with the $$$?

They'll focus on product to strengthen their platform and create new products, marketing to reach out to more communities and project developers and hiring to grow the team!