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Rice Has a Methane Problem That a Startup Is Promising to Fix

Rize, a startup, secures $14 million in Series A funding led by Breakthrough Energy Ventures, GenZero, Temasek, and Wavemaker Impact. Their technique promises to halve methane emissions from rice farming, a significant contributor to global warming.

Rice farming is a surprisingly large source of planet-warming methane. Yet while a solution to tackle emissions has existed for decades, farmers haven’t embraced it. Now, a startup has found a way to get them on board with a technique that can halve harmful emissions.

Singapore-based Rize has raised $14 million in Series A funding, a round co-led by Breakthrough Energy Ventures, GenZero, Temasek and Wavemaker Impact.

Source Link: https://www.bloomberg.com/news/articles/2024-05-08/southeast-asia-rice-producers-cut-methane-emissions-with-help-from-startup

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