2 years ago

Opna Secures $6.5 Million to Connect Corporates with Carbon Projects

  • Opna, a climate fintech startup, has raised $6.5 million (£5.2 million) in seed funding to connect corporates with carbon projects seeking financing

  • The platform aims to rebuild trust in voluntary carbon markets by providing tools for corporates to discover projects, facilitate financing, and manage financed climate projects

  • The funding will be used to increase awareness, expand project offerings, develop technology, and hire new staff

  • Opna believes its platform bridges the gap between corporates and carbon projects, helping them achieve their net zero commitments

  • The seed round was led by Atomico and included participation from previous backers Pale Blue Dot, MCJ Collective, Angelinvest, and Tiny VC.

    • ProblemFinancial Services

      "Many corporates struggle to mobilize their capital to finance carbon projects, lacking in-house expertise, facing high transaction costs, analogue infrastructure, and time-consuming processes."

      Solution

      "Opna's platform provides corporates with tools to discover carbon projects, facilitates financing, and includes a digital portfolio to manage financed climate projects, bridging the gap between corporates and carbon projects."

      Covered on