Emitwise Secures $10 Million for AI Carbon Solutions
Emitwise, a pioneering startup based in London, UK, has recently secured an impressive $10 million in a Series A funding round. This notable financial boost was spearheaded by Xplorer Capital, with significant contributions from other investment firms, including Outsized Ventures, True Ventures, and ArcTern Ventures. The funds will play a crucial role in advancing the company’s mission to enhance its AI-driven carbon accounting software, which is essential for businesses striving to meet their sustainability goals in an increasingly eco-conscious market.
Under the leadership of CEO and Co-Founder Mauro Cozzi, alongside the newly appointed Chief Operating Officer Steve Bianchi, Emitwise is transforming the landscape of carbon management.
The company's platform leverages advanced artificial intelligence to enable organizations to automatically measure, report, and reduce their carbon footprint effectively. By focusing on comprehensive tracking across their operations and supply chain, Emitwise empowers businesses to future-proof themselves against the ever-evolving challenges posed by climate change and regulatory expectations in a world that demands zero-carbon solutions.
The partnership with the manufacturing sector is particularly significant, as it represents a concerted effort to address one of the major contributors to global carbon emissions. By utilizing the funds obtained in this Series A round, Emitwise plans to deepen these collaborations further, ensuring that their innovative carbon management solutions are accessible and beneficial to a wide range of industries. As businesses continue to prioritize sustainability, Emitwise is positioning itself as a critical ally in the journey towards a more sustainable future and the achievement of net-zero targets.
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| Investors | Investment Focus | Startup Investments | Round Size | Connect |
|---|---|---|---|---|
 Xplorer Capital( ) Menlo Park, US  | ||||
 Outsized Ventures( ) London  | ||||
 True Ventures( ) Palo Alto, US | AccessPayWefarm | |||
 ArcTern Ventures( ) Toronto, Canada  | ||||
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