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Home World Regional News Europe

Copenhagen-based startup Klimate secures €3.5M

Femi Thomas by Femi Thomas
10/20/2023
in Europe
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Klimate Denmark

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Copenhagen-based Klimate has secured €3.5 million in a Seed funding round led by Eneco Ventures and Helen Ventures and was joined by existing investors Rockstart and the Export and Investment Fund of Denmark.

The startup provides a CO2 asset management platform to give companies carbon removal funding opportunities to balance their carbon footprint.

The Copenhagen-based startup was founded in 2020 and has quickly established itself as a forward-thinking company dedicated to addressing climate change through innovative carbon management solutions. The company’s CO₂ asset management platform empowers businesses to actively secure high-quality carbon removal solutions, effectively turning carbon liabilities into valuable future assets. Klimate.co strategically allocates funding to carbon removal projects, emphasizing environmental responsibility and promoting social and economic development.

Klimate currently has 11 employees and has clients across northern Europe and The US. As of today, Klimate is among the world’s largest resellers of permanent carbon removal according to CDR.fyi.

 

Read more on Tech Gist Africa: 

Denmark’s Teton.AI bags €4.8M

Denmark’s Agreena bags €46M to incentivise farmers

Danish startup OKTO GRID bags €3M

 

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