Crewdle raises $2.15 million to make video conferencing environmentally friendly

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Summary

In a research study by Simon Fraser University, it found that streaming media is calculated to contribute to one percent of greenhouse gas emissions. “Given that globally about 79% of electricity comes from fossil fuels, this means that ICT is responsible for 3.3 percent to 3.8 percent of global greenhouse gases.” Simon Fraser researchers also stated that the COVID-19 pandemic accelerated the crisis, as people are streaming video at higher volumes and higher definition while being stuck at home, seeking entertainment. According to Crewdle, its video conferencing platform allows saving up to one kilogram of carbon dioxide and 12 litres of drinking water per hour. The company also claims that it is the first video communication service provider in the world to receive carbon neutral certification, which acknowledges that a business’ operation removes as much CO2 from the atmosphere as it produces. Campeau adds the seed funding will also be used to support its marketing and deployment efforts, as well as expanding the company’s workforce.

$ Funding

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Amount $685.0K Total raised
Date January 1, 2021 Announcement date
Investors Coast Capital Savings Venture Prize Lead investors
Company https://crewdle.com Funded company

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