Extantia, a climate-first venture capital firm, led a $12m Series A funding round in Yard Stick, a soil carbon measurement technology company, with participation from Toyota Ventures Climate Fund, Microsoft Climate Innovation Fund, The Nature Conservancy, Lowercarbon Capital, Breakthrough Energy Ventures and Pillar VC. “Soil has the potential to capture carbon on a gigatonne scale, but there are many challenges in transforming this potential into reliable carbon offset and insetting projects due to the absence of dependable Measurement, Reporting, and Verification (MRV). We believe that Yard Stick’s technology offers a level of rigour and accessibility that has been previously unseen in this market. Their approach is set to unlock the potential of soil CDR, and to fundamentally improve trust in these projects - we’re very excited to be part of that journey," Carlota Ochoa Neven Du Mont, Extantia Principal.