HomeIndonesiaCarbonEthics Raises US$2.1M in Seed Funding

CarbonEthics Raises US$2.1M in Seed Funding

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CarbonEthics

CarbonEthics, a Jakarta, Indonesia-based developer of tech-enabled natural climate solutions, raised US$2.1M in Seed funding.

The round was led by Intudo Ventures, with participation from a number of strategic angel investors. 

The company intends to use the funds to expand operations ad its development efforts.

Led by CEO Bimo Soewadji, CIO Jessica Novia; and COO Innandya Kusumawardhani. CarbonEthics offers three core solutions:

  • Nature-Based Carbon Projects: protecting ecosystems to sequester carbon, enhance community livelihoods, and safeguard biodiversity.
  • Tree Planting: supporting ecosystem rehabilitation efforts, with a focus on blue carbon ecosystems.
  • Carbon Consultancy: offering ESG (Environmental, Social and Governance) and policy advisory to help clients meet carbon reduction targets and comply with relevant regulations.

CarbonEthics partners with various stakeholders from private companies, state-owned enterprises, government agencies, and non-governmental organizations to assist them in their decarbonization journey. Clients include Allianz, Ernst & Young, Danone, and many more. The company has also established strategic partnerships across international, national and local level, such as with Form International, Indonesian Chamber of Commerce and Industry (KADIN) and Transjakarta.

FinSMEs

18/09/2024

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