Locus Fermentation Secures $30M After Revamping Carbon Farming Scheme

Locus Fermentation Secures $30M After Revamping Carbon Farming Scheme - Carbon Herald

Locus Fermentation Solutions, a company that develops various products derived from living organisms, recently secured additional funding of $30 million. This follows some internal changes the company underwent last fall.

Previously, Locus relied heavily on loans backed by its intellectual property. However, the company has changed its focus and brought in a new senior manager, Kade Haas, who boasts extensive experience in the agricultural biologicals industry.

One of the key adjustments involved prioritizing sales through established distributors and retailers rather than directly approaching farmers. 

This strategy has proven successful, with Locus AG (subsidiary of Locus Fermentation Solutions) securing partnerships with some of the top US distributors in recent months.

There’s still some skepticism surrounding the effectiveness and reliability of these ag biologicals, particularly regarding their cost, consistency, and overall performance. 

Locus acknowledges these concerns and emphasizes strict protocols for transporting and storing their products, especially considering the delicate nature of some strains.

Despite these challenges, the company claims positive results from trials conducted across various locations. 

Relevant: Loam Bio Brings Its Carbon Farming Solutions To The US

They report statistically significant yield increases in specific crops, attributing this improvement to their biological products’ ability to enhance nutrient uptake, strengthen root systems, and improve the plant’s overall resilience against environmental stress.

While Locus acknowledges that these products aren’t a guaranteed solution to all agricultural problems, the company maintains that its biologicals have a scientific basis and offer a potential layer of protection for crops facing environmental challenges.

Another significant change to Locus AG’s business has to do with the company taking more ownership of its CarbonNOW carbon farming scheme and adjusting the model so that farmers can reap greater benefits from participating. 

Namely, farmers are now paid a percentage of the value of carbon credits generated through the program, while also continuing to receive their annual fee per acre for participating in the scheme.

Read more: Yard Stick Is Making Soil Carbon Analysis Scalable

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