Sistema.bio wins Series B funding

Sistema.bio has announced the close of a Series B investment round of USD$ 15.6MM that included a mix of equity, debt and non-dilutive capital to support the continued growth and scale of the company’s waste-to-energy technology and business model. 

The round was led by an equity investment from KawiSafi Ventures and matched by AXA IM Alts, a global leader in alternative investments, through the AXA IM Impact Investing strategy. Existing investors Engie RDE, EU ElectriFI fund, Chroma Impact, Blink CV and Co Capital also participated in the round, and Triodos Bank provided additional working capital financing.

Sistema.bio, an award-winning enterprise, provides access to innovative biodigester technology, training, and financing for farmers to address the challenges of poverty, food security, and climate change. Sistema.bio’s patented technology allows farmers around the world to efficiently convert their waste into renewable energy and biofertilizer. In 2021, Sistema.bio reached several growth milestones, with over 14,000 units sold and a new manufacturing facility in India.

Sistema.bio was founded in 2010 in Mexico. With over 200,000 users in 30 countries, the company is a leading biogas technology distributor, service and financing provider with operational hubs in Mexico, Colombia, Kenya and Pune, India. 

Disclaimer: This article is taken from a press release issued by Sistema.bio.