Climate-tech startup Mitti Labs has issued 97,000 rice methane reduction certificates through the Isometric platform for corporate buyers. While the company is not a publicly listed stock, its recent $9.5 million funding and agreements with major companies like Google and Salesforce highlight the growing demand for verifiable non-CO2 carbon offsets.
Mitti Labs, an Indian climate-tech startup, has reached a new milestone by issuing over 97,000 methane reduction certificates. These credits are the result of its work with rice farmers in South India, using sustainable irrigation techniques to lower methane emissions. By verifying these credits through the Isometric platform, Mitti Labs aims to provide corporate buyers with transparent and credible data on carbon footprint reduction.
This development marks a step forward for the company’s business model, which relies on the Alternate Wetting and Drying (AWD) farming method. Traditional rice cultivation involves keeping fields flooded, which traps methane-producing microbes. Mitti Labs works with farmers to periodically drain fields, which helps cut methane emissions by up to 50% without hurting crop production. To monitor this at scale, the company uses a combination of satellite data, artificial intelligence, and on-ground field teams, a process known as digital measurement, reporting, and verification.
For investors monitoring the climate-tech sector, it is important to note that Mitti Labs is a private entity and not listed on the NSE or BSE. The company remains in the growth phase, having secured $9.5 million in Series A funding led by Aramco Ventures in August 2026. Its financial model is supported by long-term carbon credit offtake agreements with major global corporations, including Google and Salesforce, with the goal of delivering 1.5 million tonnes in emissions reductions by 2030.
While the market for superpollutant offsets—gases with a higher short-term warming effect than carbon dioxide—is growing, several risks remain. The operational model depends heavily on its ability to coordinate with thousands of smallholder farmers to ensure consistent adoption of new irrigation practices. There is also technology risk, as the company’s revenue relies on maintaining high-integrity data that global certification bodies and corporate buyers will accept. Additionally, the voluntary carbon market is still developing, and credit prices can be volatile depending on global corporate sustainability commitments and evolving environmental regulations.
Moving forward, the primary monitorable for the company is its ability to successfully scale these projects across new regions while keeping operational costs manageable. The next few years will also test whether the digital measurement tools can effectively scale to meet the delivery targets set for 2030 under its major corporate contracts.