The $1.6 million CEFC investment will enable UK-based Downforce Technologies Limited to take the next step in developing and commercializing its data-based technology, with Australia identified as the first market, reflecting the uniquely favorable potential of Australian soils to play a role in soil carbon capture. Downforce Technologies has developed an innovative technology solution to cut the cost of measuring and monitoring soil health and carbon levels – a key component in cutting land-based emissions.
This investment aims to further extend the benefits of monitoring soil carbon. Enhanced monitoring can improve soil carbon levels, leading to environmental and economic benefits such as improved agricultural productivity, soil resilience, reduced emissions, and an additional revenue stream for farmers.