WasteX
WasteX is a Singapore-based climate technology startup that designs and deploys small-scale biochar carbonizers with IoT monitoring for agricultural producers in Southeast Asia and India, converting biomass waste into soil amendments and verified carbon credits.
- Company typePrivate
- Founded2022
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What WasteX does
WasteX is a Singapore-headquartered climate technology company founded in 2022 that develops and deploys decentralized waste-to-biochar solutions for agricultural producers. The company targets crop farms, poultry and livestock operations, integrated agriculture companies, fertilizer producers, and factories/mills across Southeast Asia and India, addressing the estimated 3.5 billion tons of agricultural processing waste generated globally each year that is dumped, burned, or sold at low value.
WasteX's core product is a proprietary small-scale biomass carbonizer/pyrolyzer engineered for affordable, automated, decentralized deployment. The equipment is integrated with an IoT-powered online monitoring system and an embedded dMRV (Digital Monitoring, Reporting, and Verification) application that records production process data, biochar application information, and sequestration outputs ready for third-party verification and disclosure. The dMRV app has been endorsed by Carbon Standards International, under whose Global Artisan C-Sink standard WasteX is a certified C-Sink Manager. The company generates revenue through a combination of biochar equipment sales, biochar product sales from production facilities in Java (Indonesia), and carbon credit enablement priced at $50 per ton of biochar in Indonesia, with an option for clients to generate their own CSI-verified credits. Distribution is direct, supported by implementation consultants and regional operations teams based in the Philippines (manufacturing, Cabuyao/Laguna) and Indonesia (Surabaya engineering and Java-based production sites).
The company is privately held and early-stage. It launched with US$525,000 in seed funding from Wavemaker Impact in August 2022, followed by an undisclosed round with Global Brain and Norinchukin Innovation Fund in March 2023 to support Southeast Asia expansion. Strategic commercial milestones include selection into the Milkywire Climate Transformation Fund's Salesforce-backed carbon removal purchase (contributing 1,167 tonnes) and a partnership with Indonesia's Ministry of Agriculture to integrate biochar into the national Climate Smart Agriculture program. Academic and implementation partnerships — with YBTS, Adakarbon, P4G Partnerships, UNITRI, Diponegoro University, Pitik Digital, and Sustainology — anchor the company's distributed rollout model.
WasteX firmographics
Firmographics- Name
- WasteX
- Legal name
- WasteX Pte. Ltd.
- Website
- https://wastex.io
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- WasteX is a Singapore-based climate technology startup that designs and deploys small-scale biochar carbonizers with IoT monitoring for agricultural producers in Southeast Asia and India, converting biomass waste into soil amendments and verified carbon credits.
- Ownership category
- akta.pro rank
WasteX industry classification
Industry- Product category
- Biochar Production Equipment and Carbon Removal Solutions
- NAICS
- All Other Waste Management Services (56299)
- SIC
- Refuse Systems (4953)
- akta.pro primary industry
- Biochar Production & Soil/Material Applications (EUABAFAC)
- akta.pro secondary industries
- Biochar Carbon Projects (Biomass to Biochar & Soil Application) (EUABABAH), Biochar, Activated Carbon & Soil Amendments (from forest biomass) (IMAMALAH), Biochar & Carbon-Based Soil Conditioners (AFABADAD), Biochar & Carbon-Based Soil Builders (AFABAKAG), Bio-based Carbon Products & Advanced Bioproducts (Biochar, activated carbon, carbon black alternatives) (EUAAAIAM)
Keywords
Where WasteX is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices3 records
Markets served
WasteX business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Biochar Equipment Sales and Implementation: Sale and deployment of proprietary biochar carbonizer equipment to agricultural producers and farms, including full implementation services.
- Carbon Credit Generation: Converting biomass waste into biochar to generate carbon credits. Clients receive $50 per ton of biochar in Indonesia, or can generate their own CSI-verified carbon credits.
- Biochar Sales: Sale of biochar product produced from agricultural residues, offered in bulk from production facilities in Java, Indonesia.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Carbon credit enablement at $50 per ton of biochar |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
WasteX product offering
Product offeringCore offering
WasteX manufactures and sells proprietary small-scale carbonizer equipment that converts agricultural biomass waste into biochar through pyrolysis. The full-stack offering includes the IoT-enabled carbonizer machine, an embedded dMRV app for carbon accounting, implementation and launch services, and carbon credit enablement. Biochar is sold as a soil amendment, and clients can either purchase carbon credits from WasteX or generate their own CSI-verified credits.
Product overview
WasteX offers a unified full-stack biochar solution centered on its proprietary small-scale carbonizer equipment, which converts agricultural biomass waste into high-quality biochar. The offering integrates a built-in dMRV (Digital Monitoring, Reporting, and Verification) app for carbon credit generation, supported by implementation and deployment services. The product portfolio spans: Full Biochar Solution (end-to-end offering), Biochar Equipment (proprietary carbonizer machines), Biochar (the soil amendment product), Partner Facility deployment model, Carbon Removal Solution (verified carbon credits), and dMRV App (embedded monitoring/verification feature). The company operates across Southeast Asia serving crop farms, poultry/livestock, mills/factories, integrated agri companies, and fertilizer producers.
Differentiator
Problem solved
Functional benefit
Products and services
- Full Biochar Solution End-to-end waste-to-biochar solution comprising proprietary carbonizer equipment, dMRV app, implementation services, and carbon credit enablement, designed for agricultural producers and farms in Southeast Asia.
- Biochar Equipment Proprietary small-scale carbonizer/biochar machine that converts biomass waste into biochar through pyrolysis, featuring automation, IoT-powered monitoring, and dMRV integration. Designed for deployment at farms, mills, factories, and partner facilities.
- Biochar High-quality biochar produced from agricultural residues through WasteX's carbonization process, used as a soil amendment to improve crop yields, reduce fertilizer use, and sequester carbon. Sold in bulk from production facilities in Java, Indonesia.
- Carbon Removal Solution Verified carbon removal service deploying decentralized biochar technology with CSI-endorsed dMRV app for auditable carbon impact and carbon credit generation. Available for enterprises seeking durable, measurable carbon sequestration (1000+ years) for Scope 1 and 3 emissions reduction.
Quantifiable outcome
- 38-95% crop yield increases (Rice 38%, Sweet potato 40%, Cacao 61%, Corn 95%)
- +9 more outcomes
Companies that use WasteX
Customer profileNamed customers7 records
Segments6 records
Ideal customer profiles2 records
WasteX technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
WasteX partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- SustainologycoreBiochar facility commissioning completed in April 2026 for rice husk conversion into biochar through efficient carbonization operations.
- Universitas Tribhuwana Tunggadewi (UNITRI)coreIndonesian university collaborating on biochar development and wider adoption. Partnership includes guest lectures, podcast sessions, training programs, site exposure, and technology transfer initiatives.
- Milkywire Climate Transformation FundcoreSelected as carbon removal supplier in Milkywire's Climate Transformation Fund, a Salesforce-backed purchase. One of 19 suppliers chosen from 280 applicants, contributing 1,167 tonnes of durable carbon removal to the portfolio.
- Yayasan Bina Tani Sejahtera (YBTS)coreIndonesian foundation partner collaborating on biochar implementation programs, including P4G Partnerships initiative. Joint field trials conducted with farmers in Central and East Java.
- Agathis Dammar Karbon (Adakarbon)corePartner organization in P4G Partnerships initiative supporting biochar trials and implementation in Indonesia.
- Third DerivativeminorClimate technology accelerator featured as partner on WasteX website.
- Carbon Standards InternationalcoreStandards organization that has endorsed WasteX's dMRV system. WasteX is a certified C-Sink Manager under the Global Artisan C-Sink standard.
- Pitik DigitalcoreIndonesian agri-tech company focusing on poultry. Partnership for pilot study on rice husk biochar in poultry farms, achieving 30% less bedding use and 25.7% lower mortality rates.
- Diponegoro University (UNDIP)coreIndonesian university conducting research on biochar applications in rice farming in Grobogan. Hosted Focus Group Discussion with Ministry of Agriculture officials.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
WasteX competitors and assessment
Company assessmentDirect peers
- Carbofex: Finnish manufacturer of small-scale pyrolysis carbonizers and biochar producer. Direct comparable on equipment technology (small-scale pyrolyzers) and biochar output, with deep European deployment and similar focus on decentralized, on-site production for agriculture and decarbonization use cases.
- Biochar Supreme: US-based biochar producer with multiple production facilities supplying agricultural soil amendments and carbon removal. Closely parallels WasteX in its equipment-to-biochar production model, agricultural customer focus, and Puro/Carena-verified credit sales.
- Novocarbo: German biochar producer operating decentralized carbonization units across multiple sites with a focus on agriculture and CO2 removal certificates. Direct peer in business model (small-scale pyrolyzer networks + biochar sales + carbon credits) and customer use cases.
- Carbonfuture: Verified biochar carbon-credits marketplace and registry. Comparable in that biochar removal credits are core to both WasteX's monetization and Carbonfuture's platform, with overlapping methodologies (MRV, registries) and buyer relationships.
- Sunchem: French developer of small-scale carbonization units (SunCHem pyrolysis) for decentralized biochar production in agricultural settings. Directly comparable to WasteX on equipment design, target customer (farmers and agri-residue holders), and soil-amendment / carbon-removal outcomes.
- Wakefield Biochar: US-based biochar producer using pyrolysis to convert forestry and agricultural residues into soil amendment, registered carbon-removal supplier. Comparable production-and-credit business model with similar customer profiles in agriculture.
Broad incumbents
- Puro.earth: Carbon removal registry and marketplace that includes biochar as a core methodology. Broader than WasteX (covers multiple removal pathways) but competes for the same enterprise carbon buyers and methodology credibility layer that underpins WasteX's credit stack.
- Indigo Ag: Large agritech company with a carbon program (Indigo Carbon) monetizing regenerative practices for farmers. Comparable farmer-facing GTM and carbon-credit outcomes, though broader in scope than WasteX's biochar-only focus and competing for the same on-farm sustainability spend.
Emerging players
- Boomitra: Agriculture-focused carbon credit platform operating in emerging markets including India and parts of Latin America. Adjacent rather than identical — focuses on regenerative agriculture credits rather than biochar pyrolysis — but competes for the same farmer-carbon-revenue story in India where WasteX is expanding.
Others
- Carbon Standards International: Standards body under which WasteX is a certified C-Sink Manager (Global Artisan C-Sink standard). Not a competitor but an ecosystem/partner that defines the certification regime WasteX relies on for credit credibility — relevant comparison as a peer for carbon-standard positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
WasteX social profiles
Digital presenceWasteX financial estimates
Financial estimateRevenue estimate
Valuation estimate
WasteX leadership team
Management profileNumber of profiles
Profiles12 records
WasteX funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
WasteX M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about WasteX
What does WasteX do?
WasteX manufactures and sells proprietary small-scale carbonizer equipment that converts agricultural biomass waste into biochar through pyrolysis. The full-stack offering includes the IoT-enabled carbonizer machine, an embedded dMRV app for carbon accounting, implementation and launch services, and carbon credit enablement. Biochar is sold as a soil amendment, and clients can either purchase carbon credits from WasteX or generate their own CSI-verified credits.
Is WasteX a public or private company?
WasteX is a private company. It is classified as venture growth investor backed and is currently operating.
When was WasteX founded?
WasteX was founded in 2022. It employs 11 to 50 people.
Where is WasteX based?
WasteX is headquartered in Singapore, Singapore, in the Asia region.
How does WasteX make money?
Three revenue lines are on record. Biochar Equipment Sales and Implementation is the primary driver. The others are carbon Credit Generation and biochar Sales.
Who are WasteX's main competitors?
Direct peers on record are Carbofex, Biochar Supreme, Novocarbo, Carbonfuture, Sunchem and Wakefield Biochar. Broad incumbents are Puro.earth and Indigo Ag. Boomitra is listed as an emerging player. Carbon Standards International is listed as an others.
Does WasteX have an API?
No public API is recorded for WasteX.
What industry is WasteX in?
WasteX's product category is Biochar Production Equipment and Carbon Removal Solutions. Its primary akta.pro industry code is EUABAFAC, Biochar Production & Soil/Material Applications, with a secondary code of EUABABAH, Biochar Carbon Projects (Biomass to Biochar & Soil Application). Its NAICS code is 56299 and its SIC code is 4953.