CarbonChain Analysis: $10M Raised
What is CarbonChain?
CarbonChain provides carbon accounting software for manufacturers, commodity traders, and banks to measure, report, and transition towards net-zero emissions.
Employees
16
Founded
2020
Revenue
$5.3-11.7M
Business Model
Subscription-based model with recurring revenue from software access fees.
Product Features & Capabilities
- Measure emissions, report carbon data, transition to net-zero, automated CBAM for manufacturers, CBAM tool for importers, carbon accounting software for commodity traders, manufacturers, and banks.
How much CarbonChain raised
Series A - $10 million
April 25, 2023Lead Investor: Union Square Ventures, Voyager Ventures
Who are the founders of CarbonChain
AH
Adam Hearne
Founder
RS
Roheet Shah
Founder
Market Focus
CarbonChain primarily focuses on the carbon accounting industry, providing software solutions for manufacturers, commodity traders, and banks to measure and report carbon emissions and facilitate the transition to a net-zero future.
Competitors Overview
CarbonChain's main competitors in the carbon accounting software market include:
- Emitwise: Focuses on automating carbon management and reporting processes for businesses. It offers a comprehensive solution that helps companies measure, manage, and report their carbon footprint, including com
Investors
- Chrysalix Venture Capital
- Blue Horizon
- Sustainable Ventures
- The Venture Collective
- Sustainable Development Technology Canada (SDTC)
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