The Climate Choice, a Berlin, Germany-based provider of a climate intelligence software platform for decarbonizing industrial supply chains, raised $2M in funding.
The round was led by Gutter Capital and Possibilian Ventures, with participation from existing investors West Tech Ventures and business angels.
The company intends to use the funds for further development and expansion of its platform, which helps companies understand climate performance, comply with reporting requirements, and take actions to realize climate transformation in the supply chain.
Led by CEO Yasha Tarani, The Climate Choice provides a platform that offers a solution for corporate procurement teams to understand their suppliers carbon footprint and mitigation plans. Enterprise customers include telecommunications service o2 Telefónica and HiPP, an organic baby food company. o2 Telefónica is using the software platform to collect climate-focused data from 1,000 suppliers and HiPP uses it to manage climate-risk and emissions data, which serves as the basis for collaborating with suppliers on reducing emissions in the value chain.
FinSMEs
17/03/2023