Mitti Labs founders on helping rice farmers cut methane, make money (Preview)

One could think of ‘Mitti’ — the Hindi word for soil — as representing the grounded foundation of a cooler future. And for us in India while rice that grows in our soil is a daily staple, its traditional cultivation is a hidden climate hazard. Rice cultivation worldwide is responsible for 10-12 percent of human-caused methane emissions. It also consumes staggering amounts of water.Coming up next on Conversations at India Tech Report, Devdut Dalal, Xavier Laguarta Soler, and Nathan Torbick, co-founders of Mitti Labs talk about how they are turning rice farming into a powerful vehicle for climate action – specifically targeting methane emissions from rice fields.Since launching in late 2023, this “full stack” climate-tech startup has scaled from an idea that Harvard alumni Dev and Xavi had to a VC-funded startup (investors include Lightspeed) touching some 70,000 small-holder farmers in India today. Mitti Labs is helping the farmers change how they water their rice crops in a manner that reduces methane emissions, cuts water use and even makes the crops hardier, the entrepreneurs say.Nate, a distinguished scientist, adds the science and tech experience, helping Mitti Labs tap satellite remote sensing and data analytics to build a digital Monitoring, Reporting, and Verification (dMRV) system, to track methane reductions at the field level. By converting these environmental wins into high-quality carbon credits, Mitti Labs aims to provide direct financial incentives and free advisory services to the farmers.Catch the episode on June 5, World Environment Day, right here, or wherever you get your podcasts. Here’s a preview with Xavi and Dev laying out their basic thesis.#deeptech #startup #climatechange Mitti Labshttps://www.mittilabs.earth/aboutLightspeed's investmenthttps://lsvp.com/stories/lightspeeds-investment-in-mitti-labs/