Climate-tech startup Equilibrium, founded by Siddhanth Jayaram and cofounder Sricharann Seshadri, has raised $3 million in seed funding from Kalaari Capital, Peak XV Partners and Avaana Capital. The round, Equilibrium’s maiden institutional raise, will power the expansion of its carbon removal projects across India.
The company says the capital will accelerate eight pipeline projects spanning nine states, covering about 120,000 hectares and engaging over 150,000 smallholder farmers. It will also be used to strengthen Equilibrium’s tech platform and expand operations.
The model: full-stack carbon removal, rooted in farms and coasts
Founded in 2024 by Siddhanth Jayaram, Equilibrium positions itself as a full-stack carbon removal company. Its portfolio includes agroforestry, regenerative agriculture, mangrove restoration and biochar initiatives, paired with digital monitoring and reporting to verify outcomes. The company says its programmes already reach more than 60,000 farmers and coastal communities.
A key “waste-to-value” thread converts crop residues and invasive biomass into biochar and soil enrichment products, creating farmer income pathways while locking away carbon. The startup works with FPOs, NGOs and agri-value chain partners to build and manage projects, then sells high-quality carbon removals to corporates pursuing net-zero targets.
Equilibrium cites a project pipeline capable of over 20 million tonnes of long-duration CO₂ removal. Active and upcoming sites include states such as Maharashtra, Tamil Nadu, Karnataka, Andhra Pradesh and Gujarat, with the company indicating plans to expand its footprint further in the region.
Previous financing and traction
Earlier this year, Equilibrium raised a $2 million blended-finance facility from international and domestic philanthropic partners and carbon financiers to cut emissions in paddy and maize supply chains, a programme that covered more than 10,000 smallholder farmers.
The Significance
Investor interest in carbon removal is rising alongside tighter emissions norms and corporate decarbonisation commitments. A sector snapshot cited in coverage notes India’s climate-tech market could require over $1 trillion by 2030 to meet sustainability goals, underscoring the scale at which verified, durable removals will be needed.
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