3 years ago
Vaayu Raises $11.5M to Help Retailers Reduce Their Carbon Footprint
Vaayu, a real-time carbon footprint tracker for retailers, has raised $11.5 million in seed funding led by Atomico
The round also saw participation from CapitalT, Seven Seven Six, Cristina Stenbeck, and Bryant Chou
Vaayu plans to use the investment to expand its product development and reach more retailers
Vaayu is on a mission to help the retail sector reduce its carbon footprint, which is currently responsible for 20% of all global emissions.
ProblemTechnology
"reducing the carbon footprint of the retail sector, which contributes significantly to global emissions"
Solution
"provides real-time carbon footprint tracking for retailers by integrating with existing sales systems for immediate environmental impact feedback"