202128 Oct

SustainCERT completes $10 Million Capital Raise to Drive a #RacetotheTop in Carbon Emissions Accounting and Verification

Summary

With growing international momentum towards reaching Net-Zero targets, emission reduction commitments are proliferating across governments and corporates, creating a pressing need to mitigate greenwashing through innovative and robust impact verification solutions. Funds from this capital increase will support the next phase of growth, seeing further investments in the Companys technologies with major enhancements expected to the digital monitoring, reporting and verification (MRV) application to unlock near real-time issuance of carbon offsets. Further investments will also take place in research and innovation, the Value Change Initiative, and to strengthen the companys position as the leading provider of best practice solutions in carbon markets and corporate value chains. "I am deeply honoured to have Citizen Capital, Innovacom and Microsoft Climate Innovation Fund join SustainCERT on our journey to drive a Race to the Top in carbon emissions accounting and verification." Innovacom is currently supporting high-potential companies such as Acklio, Antaïos, Aryballe Technologies, Aura Aero, Avicenna.ai, CAILabs, Cozy Cloud, Exotrail, Intersec, Iten, MicroEJ, Matrixx Software, OSO AI, Robart, Upciti or Scintil Photonics.

Source: Prnewswire

Funding

$10M
Amount
Oct 28 2021
Date
-
Investor
SustainCERT
Company

Classifications

Companies