2 years ago

CUR8 Secures $6.5M to Scale Its Carbon Removal Marketplace

  • CUR8, a climate tech startup based in the UK, has raised $6.5 million in a pre-seed funding round led by GV (Google Ventures)

  • The company is building a market-making platform for carbon removals, aiming to provide high-quality portfolios of carbon removal solutions

  • CUR8's platform offers a curated selection of carbon removal credits from vetted suppliers, combining different strategies and methods such as direct air capture, enhanced rock weathering, and durable soil carbon

  • The company aims to address the challenges of a nascent carbon removal industry by providing a reliable and transparent marketplace for businesses to invest in carbon offsetting initiatives.

      • ProblemTechnology

      "Companies want to invest in carbon removal solutions to meet their net-zero commitments, but the market is fragmented and unreliable, making it difficult to create a diversified portfolio."

      Solution

      "CUR8 provides a curated portfolio of carbon removal credits from vetted suppliers, allowing companies to invest in a variety of solutions and hedge their carbon bets."

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