Mekong Enterprise Fund IV (MEF IV) has announced its agreement to invest $5 million in HUSK, a pioneering biochar and hashtag#biofertiliser company dedicated to regenerative agriculture practices in Southeast Asia.
This investment highlights MEF IV’s commitment to achieving both financial returns and significant social and environmental impact across the region.
Founded in 2017 by female entrepreneurs Heloise Buckland and Carol Rius, and later joined by Richard Kendall in 2019, HUSK has quickly become a leading force in the agricultural sector. Utilizing innovative technology, HUSK produces biochar, carbon-based fertilizers, and crop protection products aimed at overcoming farmers’ challenges such as yield gaps, pests, diseases, and poor soil and nutrient management, which are all intensified by climate change.
Heloise Buckland, CEO and co-founder of HUSK, stated, “Our mission is to accelerate the transition to regenerative agriculture by developing unique technologies that build soil, sequester carbon, and enhance climate resilience. Our products offer better value and support long-term soil health, crop protection, and improved water and nutrient efficiency. Mekong Capital’s commitment to our vision comes at a crucial time when scalable, impactful solutions to severe soil degradation are urgently needed.”
Buckland added, “This announcement is transformative for HUSK’s rapid growth as a leading producer of organic fertilizers and for the adoption of biochar in regenerative agricultural practices throughout Southeast Asia.”
Ellen Van, CFA, principal at Mekong Capital and deal leader for the HUSK investment, remarked, “We are honored to partner with HUSK in combining knowledge and innovation to accelerate the transition to regenerative agriculture. At Mekong Capital, we believe in investing in companies that generate financial returns and create meaningful social and environmental impact. We look forward to supporting HUSK’s growth in the coming years and demonstrating the positive correlation between impact and returns.”
