Klimato, a Stockholm, Sweden-based carbon management software company for the food industry, raised €4.2m in funding.
The round was led by Global Cleantech Capital (GCC), with participation from Almi Invest Greentech.
The company intends to use the funds to accelerate its growth – both with existing customers and into new markets, such as Germany, France, and the US, and expand its product offering with more sustainability indicators.
Led by CEO Anton Unger, Klimato has developed a proprietary cloud-based software platform that helps food service providers, restaurants, and food producers measure, report, and reduce their carbon footprint. It also provides a comprehensive dashboard that allows users to track their emissions and identify actions to reduce them. The company offers a solution that makes emissions transparent to chefs, purchasing managers, and consumers – through tools that are used in recipe creation and procurement, and its climate label with the carbon footprint per dish.
The platform is used by over 500 food businesses in 12 countries including Sodexo, Hilton, and Violife.
FinSMEs