# Alt Carbon funding: rounds and investors

> Alt Carbon has raised $12M across 1 round since 2025. Investors include Lachy Groom. Every round with its source.

Source: https://millionrounds.com/company/alt-carbon (Millionrounds; every figure on the page links to its filing or article)

India · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Alt Carbon*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Agtech Climate Tech

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Funding summary Updated 15 Nov 2026

**$12M** raised across 1 round since 2025, from 1 source

- **Latest round:** Seed, $12M May 2025
- **Led by:** Lachy Groom
- **Investors:** 1 (1 led)

See who backed them

## The rounds

- **May 2025** Seed **$12M** [Lachy Groom](https://millionrounds.com/fund/lachy-groom) Lead Reported by TechCrunch

## Founders and team

From Alt Carbon's own website: 2 founders, 1 on the team.

**Shrey Agarwal** Co-founder & CEO

**Sparsh Agarwal** Co-founder & President

- **Dr. Sambuddha Misra** Chief Scientist

## Everyone who backed them

[Lachy Groom](https://millionrounds.com/fund/lachy-groom) Angel **1** round, led 1

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=alt-carbon).

## Quick answers about Alt Carbon

### Who invested in Alt Carbon?

Alt Carbon's investors include Lachy Groom. Lachy Groom led its latest round.

### How much has Alt Carbon raised?

Alt Carbon has raised $12M across 1 round since 2025.

### When did Alt Carbon last raise?

Alt Carbon's most recent round was a Seed of $12M in May 2025, led by Lachy Groom.

### What was Alt Carbon's biggest round?

Its most recent round, $12M in May 2025, is also its largest on record.

### Who backed Alt Carbon first?

Alt Carbon's first round on record, in May 2025, was backed by Lachy Groom.

### What stage is Alt Carbon at?

Alt Carbon's latest named round is a Seed, in May 2025.

### Where is Alt Carbon based?

Alt Carbon is based in India.

### Who led Alt Carbon's rounds?

Lachy Groom led the Seed in 2025.

## Companies like Alt Carbon

In the same sector, and raised in the last eighteen months.

[**mistEO** $1.9M · Nov 2026](https://millionrounds.com/company/misteo)[**Greenjoules** $33M · Nov 2026](https://millionrounds.com/company/greenjoules)[**altM** $10M · Nov 2026](https://millionrounds.com/company/altm)[**Scimplify** $65M · Oct 2026](https://millionrounds.com/company/scimplify)[**Balwaan Krishi** $10M · Sept 2026](https://millionrounds.com/company/balwaan-krishi)[**CarbonStrong** $1.3M · Aug 2026](https://millionrounds.com/company/carbonstrong)

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