Andes
Andes Ag is a climate biotech company that uses proprietary Bacillus subtilis microbial strains applied to agricultural fields to convert atmospheric CO2 into durable soil inorganic carbon, selling verified carbon removal credits to corporate buyers while paying US Midwest farmers per enrolled acre.
- Company typePrivate
- Founded2020
- HeadquartersAlameda, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Andes does
Andes Ag, Inc., founded in 2018 and headquartered at 1210 Marina Village Pkwy, Alameda, California, is a climate biotechnology company that develops microbial carbon dioxide removal (CDR) technology for agricultural soils. Its core technology — Microbial Carbon Dioxide Mineralization (MCM) — uses proprietary Bacillus subtilis strains (MP1 and MP2) applied alongside seeds (corn, soybean, canola, wheat) to convert atmospheric CO2 into stable soil inorganic carbon (calcium carbonate minerals) via enhanced silicate weathering. Published field results include a 6x increase in weathering rates versus untreated controls and 2.02 tonnes of inorganic carbon per hectare annually in an 847-hectare North Dakota trial, with claimed durability of 1,000+ years. The methodology is validated to ISO 14064-2 and published with Gold Standard (GS4GG PAA M400-04), with third-party verification by Earthood, and incorporates the SBTi FLAG framework and California AB-1305 compliance.
The company operates a two-sided business model. On the supply side, the Andes Carbon Program enrolls US Midwest row-crop farmers at $10 per treated acre and $3 per untreated acre, with the microbial inoculant provided at no cost. On the demand side, Andes sells durable carbon removal credits to enterprise and corporate buyers seeking high-integrity CDR for net-zero and Scope 3 commitments, operated through a direct sales team and the company's own registry (registry.andes.bio). Cumulative removals across 2022-2024 exceed 250,000 tonnes, with 75,000+ acres enrolled and a Scope 3 Solutions module extending the product surface to agribusiness supply-chain buyers. Andes is also developing biological nitrogen-fixing seed technology as a complementary revenue stream to reduce synthetic fertilizer reliance, with plans to expand the nitrogen-fixing platform into South America.
Andes has raised approximately $38M-$53M in total venture funding from investors including Leaps by Bayer, Cavallo Ventures, Voyager VC, Yamaha Motor Ventures, KdT Ventures, Venturance, Germin8, Accelr8, Fen Ventures, and Cargill, with additional catalytic funding from Tencent's CarbonX 2.0 program. The company is led by co-founder and CEO Gonzalo Fuenzalida, co-founder and CTO Tania Timmermann, and CSO Bjorn Traag, supported by a Scientific Advisory Board of leading academic and government researchers from LLNL, Yale, UT Austin, CU Boulder, and former USDA-ARS.
Andes firmographics
Firmographics- Name
- Andes
- Legal name
- Andes Ag, Inc.
- Website
- https://andes.bio
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Andes Ag is a climate biotech company that uses proprietary Bacillus subtilis microbial strains applied to agricultural fields to convert atmospheric CO2 into durable soil inorganic carbon, selling verified carbon removal credits to corporate buyers while paying US Midwest farmers per enrolled acre.
- Ownership category
- akta.pro rank
Andes industry classification
Industry- Product category
- Carbon Dioxide Removal Services
- akta.pro primary industry
- Soil Carbon & Regenerative Agriculture Removal (Soil Organic Carbon Credits) (EUABAFAG)
- akta.pro secondary industry
- Regenerative Agriculture & Soil Organic Carbon (SOC) (EUABABAE)
Keywords
Where Andes is headquartered
LocationHeadquarters
- HQ city
- Alameda
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Andes business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D
Revenue model
- Carbon Removal Credits Sales: Andes sells carbon removal credits (tonnes of CO2 permanently removed) to organizations seeking to reduce their carbon footprint. Credits are generated through the Andes Carbon Program where farmers apply the company's microbial inoculant. Buyers purchase removals via direct sales outreach ([email protected]). Andes operates its own registry (registry.andes.bio) for transparent issuance, transfer, and retirement of CO2 removal tonnes.
- Nitrogen-Fixing Seed Technology: Andes is developing biological nitrogen technology integrated with seeds, enabling farmers to transition to eco-friendly products, potentially reducing reliance on synthetic fertilizers. This is noted as a complementary revenue stream alongside carbon removal.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Annual | Treated Acre — $10 per enrolled treated acre |
| Unit Pricing | Annual | Untreated Acre — $3 per enrolled untreated acre |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels8 records
Andes product offering
Product offeringCore offering
Andes develops and deploys Microbial Carbon Dioxide Mineralization (MCM) technology that uses proprietary Bacillus subtilis microbial strains (MP1 and MP2) to permanently convert atmospheric CO2 into stable soil inorganic carbon (carbonate minerals) in agricultural fields. The company sells permanent carbon removal credits to enterprise buyers and operates a farmer enrollment program across the US Midwest, paying growers to apply its microbial inoculant free of charge.
Product overview
Andes offers a unified carbon removal platform centered on its Microbial Carbon Mineralization (MCM) technology. The core product, Andes Carbon Removals, uses beneficial microorganisms applied to agricultural fields to convert atmospheric CO₂ into permanent soil inorganic carbon. The Andes Carbon Program enables farmer enrollment and inoculant distribution, while the Scope 3 Solutions module serves businesses addressing agricultural value chain emissions. The company also operates the Andes Registry for carbon credit tracking and uses its proprietary MCM Methodology (developed with Gold Standard) for CDR quantification.
Differentiator
Problem solved
Functional benefit
Products and services
- Andes Carbon Removals Permanent carbon dioxide removal credits (measured in tonnes of CO2 removed) generated by applying Andes' proprietary Bacillus subtilis microbial inoculant to agricultural fields. Crops covered include corn, soybean, canola, and wheat. Sold directly to enterprise buyers seeking high-integrity, durable (1,000+ year) carbon removal for net-zero, ESG, and Scope 3 commitments.
- Andes Carbon Program Farmer enrollment program that distributes Andes' microbial inoculant to qualifying US Midwest row-crop growers (corn, soybean, wheat, canola) at no cost, in exchange for applying the product to enrolled fields. Participating farmers receive guaranteed annual payments of $10 per treated acre and $3 per untreated baseline acre, with no capital investment or operational changes required.
Quantifiable outcome
- Over 250,000 tonnes of CO2 removed (cumulative 2022-2024)
- +5 more outcomes
Companies that use Andes
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles2 records
Andes technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Andes partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- Tencent (CarbonX 2.0)coreAndes was named one of 16 winners of Tencent's CarbonX 2.0 initiative, a global climate program providing nearly US$30 million in catalytic funding to scale decarbonization technologies. Winners were selected from 660 applications across 54 countries.
- Gold StandardcoreAndes partnered with Gold Standard to develop and publish the world's first Microbial Carbon Dioxide Mineralization (MCM) CDR methodology (GS4GG PAA M400-04). This establishes the first rigorous framework for quantifying durable CDR via microbial CO2 mineralization in agricultural soils, validated by Gold Standard's certification process.
- Lawrence Livermore National Laboratory (LLNL)coreAndes commenced a research partnership with Lawrence Livermore National Laboratory to study soil carbon cycling as part of the DOE's Energy Earthshots Initiative. Dr. Jennifer Pett-Ridge serves as Director of LLNL Carbon Initiative and PI on DOE Soil Microbiome SFA 'Microbes Persist' and DOE Energy Earthshot Research Center 'Terraforming Soil'. LLNL scientists co-authored peer-reviewed publications with Andes.
- Yale UniversitycoreAndes is collaborating with researchers at Yale University alongside other leading institutes to advance the science of microbial carbon mineralization and finalize technical white papers and peer-reviewed publications.
- University of Texas at AustincoreAndes collaborates with researchers at UT Austin, particularly Dr. Daniel Breecker (Professor, Department of Earth and Planetary Sciences), on biogeochemical processes, carbonate formation and stability in soils, and CDR science. Dr. Breecker is a member of the Andes Scientific Advisory Board.
- EcoEngineerscoreEcoEngineers, a carbon consulting, auditing, and advisory firm with expertise in developing carbon removal MRV approaches, co-developed the ISO 14064 Microbial Carbon Mineralization methodology with Andes.
- Amazon Web Services (AWS)coreAndes was selected for the AWS Clean Energy Accelerator 3.0, a 12-week virtual and in-person program including mentorship from industry and thought leaders, collaboration with leading energy organizations, and AWS guidance on cloud acceleration. The program culminated in an Innovation Showcase at COP 28 in Dubai.
- EarthoodcoreEarthood, an approved Verification Body, conducts independent third-party validation and verification of Andes carbon removal activities in accordance with ISO 14064 standard. Earthood audited Andes' MCM methodology and carbon removal tonnes.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Andes competitors and assessment
Company assessmentDirect peers
- Lithos Carbon: Lithos Carbon is a direct competitor in enhanced weathering for agricultural CDR, spreading basalt rock dust on US croplands to accelerate CO2 mineralization. Both companies sell durable carbon removal credits to corporate buyers using farmer-enrolled acreage as the delivery mechanism.
- Eion Carbon: Eion Carbon develops olivine-based enhanced weathering amendments applied to agricultural soils to capture atmospheric CO2 as mineral carbonates. Directly comparable to Andes in deploying mineral-based CDR at farm scale targeting corporate credit buyers.
- UNDO Carbon: UNDO applies basalt dust to farmland to enhance silicate weathering for permanent CO2 removal, selling credits to enterprise buyers. Competes directly with Andes in agricultural enhanced weathering with overlapping farmer networks and credit buyer segments.
Broad incumbents
- Heirloom Carbon Technologies: Heirloom operates direct air capture (DAC) facilities using limestone-based mineralization, a related but capital-intensive approach to durable CDR. Competes for the same corporate durable CDR procurement budgets and registry credibility, though using industrial rather than agricultural infrastructure.
- CarbonCure Technologies: CarbonCure injects captured CO2 into concrete for permanent mineralization in building materials. Operates in the broader mineralization CDR category with established commercial deployment, competing for corporate durable removal offtake.
- Carbfix: Carbfix mineralizes CO2 into basalt rock formations via in-situ mineralization (turning CO2 into stone). Operates in the mineralization CDR category that overlaps with Andes' enhanced weathering + mineral carbonate chemistry, targeting durable removal credits.
- CarbonCapture Inc. CarbonCapture Inc. develops DAC systems designed for partnership with mineralization-based storage. Competes in the durable CDR procurement market for corporate net-zero offtake alongside Andes' agricultural mineralization approach.
Emerging players
- Charm Industrial: Charm Industrial converts biomass into bio-oil and sequesters it underground for permanent CDR. Targets similar corporate buyers seeking durable removals, representing an alternative durable removal pathway competing for the same enterprise procurement budgets.
- 280 Earth: 280 Earth operates DAC systems that mineralize CO2 into oxides for use in concrete and other materials. Operates in the same mineralization CDR category as Andes, addressing corporate demand for permanent removals via different delivery infrastructure.
Others
- Cargill (Strategic Investor / Offtake): Cargill is both an Andes investor and a major agribusiness with deep Scope 3 emissions exposure. As a strategic counterpart, Cargill signals the agribusiness-buyer pathway for agricultural CDR but also represents the supply-chain counterparties Andes will need to convert offtake demand at scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Andes social profiles
Digital presenceAndes compliance and trust
Trust signalCompliance4 records
Andes financial estimates
Financial estimateRevenue estimate
Valuation estimate
Andes leadership team
Management profileNumber of profiles
Profiles3 records
Andes funding detail
Funding detailFunding overview
Funding rounds6 records
Investors13 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Andes M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Andes
What does Andes do?
Andes develops and deploys Microbial Carbon Dioxide Mineralization (MCM) technology that uses proprietary Bacillus subtilis microbial strains (MP1 and MP2) to permanently convert atmospheric CO2 into stable soil inorganic carbon (carbonate minerals) in agricultural fields. The company sells permanent carbon removal credits to enterprise buyers and operates a farmer enrollment program across the US Midwest, paying growers to apply its microbial inoculant free of charge.
Is Andes a public or private company?
Andes is a private company. It is classified as venture growth investor backed and is currently operating.
When was Andes founded?
Andes was founded in 2020. It employs 101 to 250 people.
Where is Andes based?
Andes is headquartered in Alameda, United States, in the North America region.
How does Andes make money?
Two revenue lines are on record. Carbon Removal Credits Sales are the primary driver. The others are nitrogen-Fixing Seed Technology.
Who are Andes's main competitors?
Direct peers on record are Lithos Carbon, Eion Carbon and UNDO Carbon. Broad incumbents are Heirloom Carbon Technologies, CarbonCure Technologies, Carbfix and CarbonCapture Inc.. Emerging players are Charm Industrial and 280 Earth. Cargill (Strategic Investor / Offtake) is listed as an others.
Does Andes have an API?
No public API is recorded for Andes.
What industry is Andes in?
Andes's product category is Carbon Dioxide Removal Services. Its primary akta.pro industry code is EUABAFAG, Soil Carbon & Regenerative Agriculture Removal (Soil Organic Carbon Credits), with a secondary code of EUABABAE, Regenerative Agriculture & Soil Organic Carbon (SOC).