Climate tech startup Equilibrium raises $3M seed funding

Equilibrium, a 2024-founded climate tech startup, raised $3M seed funding from Kalaari Capital, Peak XV Partners, and Avaana Capital, plus $2M blended finance. Led by Siddhanth Jayaram and Sricharann Seshadri, it drives carbon removal via agroforestry and mangrove projects across 120,000 hectares in nine states, involving 150,000 farmers. The firm targets 20M tonnes carbon removal, expanding amid India’s $1T climate tech market opportunity by 2030.