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Fager

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Agricultural carbon credit generation and distribution platform

Tokyo, JapanFounded 2022Energy
Valuation $50–100M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Fager

Fager, founded in July 2022 by CEO Takahiro Ishizaki, is a Japanese agricultural technology firm specializing in carbon credits. Ishizaki, a graduate of Waseda University's Faculty of Law, previously specialized in decarbonization projects at PwC Advisory and led overseas business expansion for Japanese companies at YCP Solidiance in Singapore. This background in decarbonization and international business in the primary industry sector shaped Fager's mission.

The company collaborates with farmers to generate carbon credits from decarbonization initiatives, such as extending the mid-season drainage period in rice paddies. Fager manages the entire process, from project creation and technical guidance to the sale of these credits to corporate buyers. This business model provides farmers with an additional revenue stream while promoting sustainable agricultural practices. The company emphasizes creating "credits that show the face of producers committed to decarbonization," adding public relations value for the purchasing businesses beyond simple carbon offsetting.

Initially focused on Japan, Fager has expanded its operations internationally to countries like the Philippines and Vietnam. It partners with local and international entities, including Yanmar and the Philippine Rice Research Institute, to implement techniques like Alternate Wetting and Drying (AWD) to reduce methane emissions in rice cultivation. The firm has successfully registered projects under the Joint Crediting Mechanism (JCM), an international cooperation framework. In 2024, the company generated 135,944 t-CO₂ of credits from 1,221 producers across 25,202 hectares in Japan, a significant increase from the previous year. Fager generates revenue from the sale of these carbon credits.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
Tokyo, Japan
Employees
28
Open positions
12
Dealroom signal
88.1/100
Industry
Energy
Sector
Energy, Sustainable Development Goals, Carbon Tracking & Offset, Regenerative Agriculture, Climate Tech, Climate Fintech, nt
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jul 2025 — — Mizuho Capital · JIC Venture Growth Investments · Sumisho Venture Partners · Suzuyo Shoji ↗
SERIES A✓Equity / VC Jan 2025 $9M $36M Tokio Marine · Incubate Fund · Energy and Environment Investment ↗
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Growth signals

Fager website traffic

Latest recorded traffic for Fager is 10K monthly website visits, up 20.5% over the last three months. Fager's team grew 33.3% over the past year.

Latest monthly visits10K 3-month web change+20.5% 1-year team growth+33.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

  • Incubate Fund
  • Energy and Environment Investment
  • Norinchukin Capital
  • Tokio Marine

Series A4 investors entered at this stage

  • Mizuho Capital
  • JIC Venture Growth Investments
  • Sumisho Venture Partners
  • Suzuyo Shoji

Other known investors1 additional known investor

  • For Startups, Inc.
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇯🇵 Japan65%
🇵🇭 Philippines15%
🇻🇳 Vietnam10%
🏳️ Laos5%
🏳️ Côte d'Ivoire5%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Fager on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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