Sistema.bio Secures $15 Million to Accelerate Global Expansion of Biogas Technology
Sistema.bio, a Nairobi-based leader in biogas technology, has raised $15 million in financing to fuel its global growth and expansion efforts. The funding round was led by ElectriFI, managed by the EDFI Management Company, with participation from existing investors including Chroma Impact Investment, KawiSafi Ventures, AXA IM Alts, Blink CV, and EcoEnterprises Fund. Additional financing was provided by existing lenders FMO, Triodos, and EcoEnterprises as extensions to existing facilities, while BIX Capital and UK Charity Shell Foundation contributed catalytic junior debt, co-funded with UK aid from the UK Government.
This investment aims to support Sistema.bio’s mission to provide affordable, sustainable energy and regenerative agricultural solutions to smallholder farmers worldwide. The company plans to utilize the funds to scale operations, enhance technology, and improve customer service across Latin America, Africa, and Asia-Pacific regions. Over the past three years, Sistema.bio has experienced significant growth, increasing its sales by over five times, driven by the positive climate, economic, and health impacts delivered to farmers globally.
Sistema.bio’s innovative biogas systems convert animal waste into clean energy for cooking, heating, and electricity generation, while producing nutrient-rich biofertilizer that boosts agricultural productivity. Leveraging advanced data tracking platforms, the company delivers high-quality carbon mitigation, sequestration, and climate change adaptation programs, contributing to the decarbonization of agriculture and promoting regenerative farming practices.
With operations spanning three continents, Sistema.bio has positively impacted over 100,000 farms and more than 600,000 people worldwide, reducing over 1 million tons of CO₂ emissions annually. The recent funding will enable the company to further scale its operations, enhance its technology, and improve customer service offerings, accelerating its mission to create value from waste and deliver clean energy and organic fertilizer to smallholder farmers.
In addition to the $15 million financing, Sistema.bio has secured a $3.5 million investment from Novastar Ventures as part of a $7.75 million internal round. This investment will accelerate the company’s expansion into new African markets, introduce new agricultural and energy products, and support overall growth. Novastar’s funding aligns with its mission to back transformative businesses that promote sustainability and economic development across the continent.
Alexander Eaton, CEO and co-founder of Sistema.bio, expressed appreciation for the continued support from long-term partners, stating that the investment positions the company to reach its goal of empowering one million farmers by 2025 and reducing 1% of global emissions by 2030. The strategic investments underscore the confidence of Sistema.bio’s investors in the company’s mission to scale up its transformative impact across Asia, Africa, and Latin America.