Climatiq, a Berlin-based startup, has raised $11.6 million in Series A funding to expand its AI platform that automates carbon emissions data collection for businesses. The firm focuses on Scope 3 emissions, which typically account for about 90% of a company's carbon footprint but are challenging to measure due to fragmented data sources. Their platform compiles data from various entities and integrates carbon metrics into emissions reports, offering organizations a reliable method for ESG compliance.
Climatiq has built an AI-enabled platform to automate and analyze carbon emissions data for companies, securing $11.6 million in Series A funding.
Co-founder and CEO, Hessam Lavi, emphasized the need for a trusted source of carbon data, noting the challenges of measuring Scope 3 emissions.
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