3 years ago

Emitwise Secures €9 Million Series A to Accelerate Carbon Management for Businesses

  • Emitwise, a London-based climate tech startup, has raised €9 million in Series A funding led by Xplorer Capital, with participation from Outsized Ventures, True Ventures, and ArcTern Ventures

  • The company's AI-driven carbon management platform helps businesses measure, report, and reduce their carbon footprint across their operations and supply chain

  • Emitwise aims to become the standard for carbon management processes and is targeting large emitters in the manufacturing and industrial sectors

  • The funding will be used to fuel growth and expand the company's operations.

      • ProblemTechnology

      "Businesses are under increasing pressure to reduce their carbon emissions and need to understand their emissions and how to drive them down to remain competitive. Historically, identifying carbon hotspots within large organizations, particularly those with complex supply chains, has proven prohibitively expensive, inaccurate and time-consuming."

      Solution

      "Emitwise is an AI-driven carbon management platform that empowers companies to automatically measure, report and reduce their carbon footprint across their operations and supply chain. The software allows large multinationals to measure, track and reduce their emissions across their own operations – as well as that of their supply chains – in a cost-effective way."

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