HeavyFinance UAB

Company type	Private
Industry	Financial technologies, climate technologies
Founded	2020; 4 years ago (2020)
Headquarters	Vilnius , Lithuania
Key people	Laimonas Noreika, Darius Verseckas, Andrius Liukaitis
AUM	€46 million (2023)
Number of employees	52 (2023)
Website	heavyfinance.com

HeavyFinance is a Lithuanian environmental technology investment company that operates a marketplace for the agricultural industry.^[1] The company facilitates investments in debt capital for small and medium-sized agricultural enterprises to switch and expand regenerative agriculture practices such as No-till farming, mixed crop rotation, cover cropping, and the application of compost and manure.

The company is registered as a crowdfunding service provider with the European Securities and Markets Authority (ESMA).^[2]^[3]

History

In 2020, Laimonas Noreika, Darius Verseckas and Andrius Liukaitis co-founded HeavyFinance in Vilnius, Lithuania registering the company's offering with the Central Bank of Lithuania.^[4]

In 2021, HeavyFinane raised US$1 million in a round led by a Polish venture capital firm bValue^[5] to fill the funding gap for small and medium-sized European farms^[6] of €19.8 to €46.6 billion, as identified by the European Comission together with the European Investment Bank.^[7]

In 2023, HeavyFinance raised €3 million in a seed funding round led by Practica Capital and launched green loans to accelerate the adoption of regenerative agriculture.^[8]^[9]^[10]^[11]

As of 2023^[update], HeavyFinance had provided assistance to more than 1,600 farm owners, with an average loan size of €31,000.^[12]

Services

Environmental economics
Part of a series about

Carbon price Carbon credit Carbon emission trading Carbon fee and dividend Carbon finance Carbon offset Carbon tax Emissions trading Environmental tax Personal carbon trading Pigovian tax Social cost of carbon
Climate change Carbon footprint Climate change mitigation Food miles
Concepts Bright green environmentalism Circular economy Climate finance Corporate sustainability Degrowth Disinvestment Eco-capitalism Eco commerce Eco-innovation Eco-investing Ecological economics Ecological footprint Ecological modernization Ecotechnology Efficient energy use Energy conservation Environmental accounting design enterprise finance full-cost accounting impact design planning Ethical banking Fiscal environmentalism Green accounting building development economy growth job marketing paradox recovery trading vehicle High-performance buildings Impact investing Marginal abatement cost Natural resource economics Pollution haven hypothesis Social accounting Socially responsible business Social return on investment Sustainability accounting organization reporting Sustainable advertising agriculture capitalism consumer behaviour consumption design design standards development development goals energy finance food systems industries livelihood management market procurement refurbishment sourcing tourism transport Thermoeconomics Used good Value of Earth
Energy transition 2000-watt society Alternative fuel, Carbon neutrality Carbon-neutral fuel Environmental technology Feed-in tariff Fossil fuel divestment Fossil fuel phase-out Low-carbon economy Net metering Renewable energy commercialization Sustainable energy
Policies Carbon leakage Environmental pricing reform Environmental tariff Free public transport Green industrial policy Green New Deal Green politics Rail subsidies
v t e

HeavyFinance enables small and medium-sized farms to create agriculture business loans between €10,000 and €200,000. Investors are able to browse the loan listings on HeavyFinance website and select loans that they want to invest in based on balance sheet, income statment and other information supplied about the farm, amount of loan, collateralized debt obligation, loan rating, and loan purpose.

HeavyFinance offers fixed interest green loans for carbon farming.^[13] Investors in green loans make money from nature-based carbon credits generated in the farm by applying regenerative agriculture.^[14] ^[15]^[16]

The company also provides both collateralized and uncollateralized agricultural business loans. Investors in agriculture business loans earn interest on these loans.

Locations

As of 2023^[update], the company has offices in Bulgaria, Latvia, Lithuania, Poland, and Portugal.^[17]^[18]

References

^ "Empowering small-scale food producers with fintech". www.ebrd.com. Retrieved 2023-02-20.
^ "Register of crowdfunding services providers". www.esma.europa.eu. Retrieved 2023-12-04.
^ Sharma-Karia, Sonia (2023-07-28). "New pan-EU licence allows HeavyFinance to expand its platform". Alternative Credit Investor. Retrieved 2023-12-04.
^ "UAB HEAVY FINANCE". www.lb.lt. Retrieved 2023-12-04.
^ "Planting the seeds for future sustainability, Lithuania's HeavyFinance raises $1 million". Tech.eu. 2021-12-21. Retrieved 2023-12-04.
^ Cumming, Alice (2023-08-03). "HeavyFinance's climate tech investment success: financing €40m in agricultural loans - Business Leader News". Business Leader. Retrieved 2023-12-04.
^ "fi-compass Study on financial needs in the agriculture and agri-food sectors in 24 EU Member States". fi-compass. 2023-11-22. Retrieved 2023-12-04.
^ "Lithuania's Climate Tech HeavyFinance closes €3m seed round". IBS Intelligence. Retrieved 2023-06-20.
^ Release, Press (2023-03-23). "Climate Tech specialist HeavyFinance closes 3 million Euro seed funding round". Disruption Banking. Retrieved 2023-12-04.
^ jhaxell (2023-04-19). "HeavyFinance launches Green Loans to enter carbon credit market". FinTech Global. Retrieved 2023-12-04.
^ "HeavyFinance Launches Green Loans to Generate Carbon Credits in European Agricultural Land - Fintech Finance". ffnews.com. Retrieved 2023-12-04.
^ "Statistics". HeavyFinance. Retrieved 2023-12-04.
^ "HeavyFinance launches Green Loans to generate carbon credits in European agricultural land". Finextra Research. 2023-04-19. Retrieved 2023-12-05.
^ Frances (2023-08-22). "Major investor coalition calls on G20 to revise agricultural subsidies". Food Voices. Retrieved 2023-12-05.
^ jhaxell (2023-08-18). "HeavyFinance generates 250,000 carbon credits to combat European CO2 in 2024". FinTech Global. Retrieved 2023-12-05.
^ "Vinted co-founder invests €1M in HeavyFinance to boost green agriculture | Silicon Canals". 2023-10-09. Retrieved 2023-12-05.
^ "HeavyFinance Review – Connecting Farmers with Investors | CrowdSearch". crowdsearch.eu. Retrieved 2023-03-21.
^ "HeavyFinance to offer agri-finance in Bulgaria to tackle climate change". seenews.com. Retrieved 2023-06-20.

Climate change

Overview
Causes of climate change Effects of climate change Climate change mitigation Climate change adaptation By country and region

Causes

Overview	Climate system Greenhouse effect (Carbon dioxide in Earth's atmosphere) Scientific consensus on climate change
Sources	Deforestation Fossil fuel Greenhouse gases Greenhouse gas emissions Carbon accounting Carbon footprint Carbon leakage from agriculture from wetlands World energy supply and consumption

History
History of climate change policy and politics History of climate change science Svante Arrhenius James Hansen Charles David Keeling United Nations Climate Change conferences Years in climate change 2019 2020 2021 2022 2023 2024

Effects and issues

Physical	Abrupt climate change Anoxic event Arctic methane emissions Arctic sea ice decline Atlantic meridional overturning circulation Drought Extreme weather Flood Coastal flooding Heat wave Marine Urban heat island Oceans acidification deoxygenation heat content sea surface temperature stratification temperature Ozone depletion Permafrost thaw Retreat of glaciers since 1850 Sea level rise Season creep Tipping points in the climate system Tropical cyclones Water cycle Wildfires
Flora and fauna	Biomes Mass mortality event Birds Extinction risk Forest dieback Invasive species Marine life Plant biodiversity
Social and economic	Agriculture Livestock United States Children Cities Civilizational collapse Disability Economic impacts U.S. insurance industry Fisheries Gender Health Mental health Human rights Indigenous peoples Infectious diseases Migration Poverty Psychological impacts Security and conflict Urban flooding Water scarcity Water security
By country and region	Africa Americas Antarctica Arctic Asia Australia Caribbean Europe Middle East and North Africa Small island countries by individual country

Mitigation

Economics and finance	Carbon budget Carbon emission trading Carbon offsets and credits Gold Standard (carbon offset standard) Carbon price Carbon tax Climate debt Climate finance Climate risk insurance Co-benefits of climate change mitigation Economics of climate change mitigation Fossil fuel divestment Green Climate Fund Low-carbon economy Net zero emissions
Energy	Carbon capture and storage Energy transition Fossil fuel phase-out Nuclear power Renewable energy Sustainable energy
Preserving and enhancing carbon sinks	Blue carbon Carbon dioxide removal Carbon sequestration Direct air capture Carbon farming Climate-smart agriculture Forest management afforestation forestry for carbon sequestration REDD and REDD+ reforestation Land use, land-use change, and forestry (LULUCF and AFOLU) Nature-based solutions
Personal	Individual action on climate change Plant-based diet

Society and adaptation

Society	Business action Climate action Climate emergency declaration Climate movement School Strike for Climate Denial Ecological grief Governance Justice Litigation Politics Public opinion Women
Adaptation	Adaptation strategies on the German coast Adaptive capacity Disaster risk reduction Ecosystem-based adaptation Flood control Loss and damage Managed retreat Nature-based solutions Resilience Risk Vulnerability The Adaptation Fund National Adaptation Programme of Action
Communication	Climate Change Performance Index Climate crisis (term) Climate spiral Education Media coverage Popular culture depictions art fiction video games Warming stripes
International agreements	Glasgow Climate Pact Kyoto Protocol Paris Agreement Cooperative Mechanisms under Article 6 of the Paris Agreement Nationally determined contributions Sustainable Development Goal 13 United Nations Framework Convention on Climate Change

Background and theory

Measurements	Global surface temperature Instrumental temperature record Proxy Satellite temperature measurement
Theory	Albedo Carbon cycle atmospheric biologic oceanic permafrost Carbon sink Climate sensitivity Climate variability and change Cloud feedback Cloud forcing Fixed anvil temperature hypothesis Cryosphere Earth's energy budget Extreme event attribution Feedbacks Global warming potential Illustrative model of greenhouse effect on climate change Orbital forcing Radiative forcing
Research and modelling	Climate change scenario Climate model Coupled Model Intercomparison Project Intergovernmental Panel on Climate Change (IPCC) IPCC Sixth Assessment Report Paleoclimatology Representative Concentration Pathway Shared Socioeconomic Pathways

History

Services

Locations

See also

References