Partnership · Climate, Energy & Sustainability
Google signs major carbon credit deal with Mitti Labs
By Startup Enthusiast ·
- Date
- Company
- Mitti Labs
- What it does
- Climate-smart rice farming technology
- Kind
- Partnership
- Stage
- growth
- Based in
- Bengaluru
- Founded
- 2023
What they do
Mitti Labs uses satellite imagery and AI to help rice farmers reduce methane emissions and water usage through climate-smart agricultural techniques
What happened
The company signed a four-year agreement to supply Google with one million carbon credits, marking the largest rice-methane deal announced to date
Why it matters
This partnership supports Google's net-zero goals while enabling Mitti Labs to scale its operations across India and eventually into Southeast Asia
The details
- Google has agreed to purchase 1 million carbon credits from Mitti Labs through the year 2030.
- This agreement represents the largest publicly announced rice-methane carbon credit deal recorded to date.
- The project covers farms across Karnataka, Andhra Pradesh, and Telangana, spanning a peak area of 100,000 hectares.
- Mitti Labs incentivizes farmers to reduce flooding duration in rice paddies, which lowers methane emissions and saves significant water.
- The deal follows a year of negotiations and rigorous due diligence by Google regarding monitoring technology and farm visits.
- Financial terms of the agreement remain undisclosed.
The bigger picture
- Google is pursuing net-zero emissions by 2030 but faces rising greenhouse gas emissions due to increased AI infrastructure investment.
- Google's 2025 greenhouse gas emissions reached 14.5 million metric tons of CO2e, representing an 18% year-over-year increase.
- The company previously invested in carbon removal through a 2025 deal with Varaha for biochar credits.
About the business
- Mitti Labs operates a GeoAI platform that integrates satellite radar imagery with proprietary field measurements.
- The technology uses synthetic aperture radar with resolutions between 50 cm and 10 m to monitor farm conditions.
- Climate-smart rice farming techniques reduce methane emissions by approximately 50% and irrigation water use by 40% without impacting crop yields.
- The company currently works with over 100,000 farmers and aims to reach millions by 2030.
- Credits are issued under Gold Standard or Isometric certification, with projects undergoing independent third-party verification.
- The platform is rated A by Sylvera for its Alternate Wetting and Drying (AWD) projects, indicating low risk of over-crediting.
- Other notable customers include Cool Effect, Ebro Foods, and Syngenta.
What happens next
- Launch operations in the Philippines in late 2026.
- Expand into Indonesia and other parts of Southeast Asia in 2027.
The deal
- Type
- partnership
Investors
- Aramco Ventures (lead) — Led the company's $9.5M funding round.
Founders
- Xavier Laguarta Soler, Co-founder
- Devdut Dalal, Co-founder
About Mitti Labs
- Product
- GeoAI platform using satellite imagery and machine learning to implement alternate wetting and drying practices in rice farming
- Customers
- Smallholder rice farmers and corporations pursuing net-zero emission goals seeking carbon credits
- How it makes money
- Carbon credit generation and verification (dMRV) enabling farmers to monetize emissions reductions while reducing water usage
- What sets it apart
- Satellite-based AI monitoring and verification enables reliable carbon credit generation with 40% water savings and methane reduction
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