CarbonChain

Provides carbon tracking solutions for businesses

London, England, United Kingdom

About CarbonChain

CarbonChain provides carbon tracking solutions that help businesses measure and reduce their greenhouse gas emissions. Their main product is a carbon tracker that allows organizations to analyze the impact of their activities and pinpoint areas that produce the most carbon emissions. This tool is especially useful for companies that need to comply with carbon border adjustment mechanisms (CBAM), which are regulations that impose tariffs on imported goods based on their carbon footprint. CarbonChain offers accurate global data on greenhouse gases like CO2 and methane, assisting businesses in meeting international carbon regulations and finding suppliers with lower carbon emissions. The company operates on a subscription model, charging recurring fees for access to its platform and data services, and also provides consulting to help clients improve their carbon reduction strategies.

London, United KingdomHeadquarters
2017Year Founded
$10.6MTotal Funding
SERIES_ACompany Stage
Data & Analytics, Consulting, EnergyIndustries
11-50Employees

Benefits

Health Insurance
Unlimited Paid Time Off
Home Office Stipend
Professional Development Budget
Paid Vacation
Parental Leave
Private Healthcare
Gym Membership
Flexible Work Hours

Risks

Emerging competition from new platforms could threaten CarbonChain's market position.
Frequent updates needed due to evolving carbon accounting standards may strain resources.
Data privacy risks arise from handling sensitive emissions data in partnerships.

Differentiation

CarbonChain offers AI-powered carbon tracking with third-party validated methodologies.
The platform provides end-to-end visibility into supply chain emissions for carbon-intensive industries.
CarbonChain's partnership with thyssenkrupp enhances its low-carbon metals procurement capabilities.

Upsides

Growing demand for carbon accounting due to EU's Carbon Border Adjustment Mechanism.
Increased investment in AI-driven environmental technology boosts CarbonChain's market potential.
Partnerships with traditional industries facilitate integration of advanced carbon tracking solutions.

Funding

Total raised$10.61 M
Latest valuation$50.00 M
StageSERIES_A
$10
$50.00 M
GRANT
2/28/2021
N/A
SEED
7/31/2020
N/A
$650.0 K