Perennial

Perennial is a soil carbon platform focused on measurement, reporting, and verification (MRV) of carbon sequestration in agricultural soils. The company, formerly known as Cloud Agronomics, uses a combination of geospatial data, machine learning, ground observation, and remote sensing technology to detect changes in soil organic carbon levels at scale. Perennial's platform analyzes various data sets including topography, climatology, hydrology, and satellite imagery to create high-resolution maps of soil carbon across large areas. This technology allows Perennial to bypass the need for extensive physical soil sampling, making the process of measuring soil carbon more cost-effective and scalable.

The company's mission is to unlock agricultural soils as the world's largest carbon sink, recognizing the significant potential of soil to store carbon and mitigate climate change. Perennial's technology provides standardized and cheaper data to help corporations achieve their net-zero targets while also enabling farmers to potentially earn income from carbon credits generated by their land management practices. In 2021, Perennial created what it claimed to be the highest-ever resolution map of soil organic carbon for the US.

Perennial's MRV platform caters to both carbon insetting and offsetting. Companies within the agrifood value chain can use the platform to measure and reduce their agricultural-based emissions, while project developers outside the food supply chain can partner with Perennial to monitor their soil carbon offset projects and verify the credits they sell to buyers.