🏆 Deal of the Week · CW 46/2024
Klim raised USD 22 million in a Series A round, announced in November 2024; the company's valuation was not disclosed. The round drew participation from nine investors spanning agricultural finance, impact capital, and corporate venture arms. No single lead investor was identified in the verified deal data.
Klim — key deal facts
| Company | Klim |
| Founded | 2020 |
| Headquarters | Berlin, Germany |
| Amount raised | USD 22m |
| Valuation | Valuation Remains Undisclosed |
| Round | Series A |
| Investors | Achmea Innovation Fund, AgFunder, Ananda Impact Ventures, BNP Paribas, Earthshot Ventures, Elevator Ventures, Green Generation Fund, Norinchukin Capital, Rabobank |
| Sectors | Agriculture |
Who invested in Klim?
The round was backed by Achmea Innovation Fund, AgFunder, Ananda Impact Ventures, BNP Paribas, Earthshot Ventures, Elevator Ventures, Green Generation Fund, Norinchukin Capital, and Rabobank. The investor mix is notable for combining European agri-finance institutions — Rabobank and Norinchukin Capital — with dedicated impact funds and corporate venture vehicles, reflecting broad conviction across the agricultural value chain. The presence of BNP Paribas and Achmea Innovation Fund further signals interest from mainstream financial services in regenerative agriculture as an asset class.
What does Klim do?
Klim was founded in 2020 by Robert Gerlach and Nina Mannheimer and is headquartered in Berlin, Germany. The company operates a digital platform that guides farmers toward regenerative agricultural practices, documents their progress, and facilitates the issuance of carbon credits that generate additional income for participating farmers. On the corporate side, Klim offers tailored carbon insetting solutions that help food companies reduce emissions within their own supply chains. Its core focus areas are soil health improvement, CO₂ emission reduction, and securing long-term agricultural yields through systemic changes in farming practice.
Klim valuation & multiples
No existing multiples analysis was provided for this deal. As Klim's valuation was not disclosed, EV/Sales and EV/EBITDA benchmarks cannot be derived from verified deal data. Investors seeking comparable valuation multiples for agriculture and agri-tech transactions are encouraged to explore the relevant sector multiples pages on DealMatrix.
Explore the benchmarks: Series A.
Frequently asked questions
How much did Klim raise in its Series A?
Klim raised USD 22 million in its Series A round, announced in November 2024.
What is Klim's valuation?
Klim's valuation was not disclosed in connection with this Series A round.
Who invested in Klim?
The round was backed by Achmea Innovation Fund, AgFunder, Ananda Impact Ventures, BNP Paribas, Earthshot Ventures, Elevator Ventures, Green Generation Fund, Norinchukin Capital, and Rabobank.
When was Klim founded and where is it based?
Klim was founded in 2020 and is headquartered in Berlin, Germany.
Source: original announcement — read the full report.