SEA Deal Ticker
Rice paddies emit 12% of the world's methane: Singapore's Rize raises $31M to drain 50,000 hectares
The Series B splits $20M equity and $11M debt, led by BNP Paribas Asset Management Alts with Temasek and the Rockefeller Foundation. Rize farms 50,000 hectares with 17,000 smallholders across Vietnam and Indonesia.
Positive-sum angle: Alternate wetting and drying cuts paddy methane by half without cutting yield, so the farmer keeps the harvest while the carbon buyer funds the switch. Vietnam's rice belt turns into an exportable climate asset.