BetaCarbon
Latest round
- Seed
Last raised
- Jun 2021
Total raised
- $3M
Investors
- 3
About BetaCarbon
Founded in 2021 in Sydney, Australia, BetaCarbon Pty Ltd focuses on enabling carbon trading through its proprietary platform.BetaCarbon operates as an innovative platform in the carbon trading space, primarily offering Australian Carbon Tokens (BCAUs) which serve as a tradeable representation of government-issued Australian Carbon Credit Units (ACCUs). Each BCAU equates to one kilogram of captured carbon dioxide, allowing individuals and organizations to participate in the carbon market as Australia moves towards net-zero emissions. Customers can purchase BCAUs, which can be stored in digital wallets or safeguarded through digital asset custodians.BetaCarbon's revenue model revolves around the trading of Australian Carbon Tokens (BCAUs), generating income through transaction fees associated with buying and selling these tokens on their platform. Clients, including businesses and government organizations, engage in transactions by purchasing BCAUs to fulfill carbon offset obligations, which may involve both direct consumer sales and B2B partnerships. The platform's structure allows for seamless transactions in the carbon market, where clients buy tokens at market price, thereby contributing to the overall liquidity of carbon credits.Looking ahead, BetaCarbon plans to expand its offerings by developing new products aimed at enhancing user experience and engagement in the carbon market. They are also targeting international markets for expansion with a focus on regions that exhibit increasing demand for carbon credits by 2024. Furthermore, it is noted that Twynam Investments exited its stake in BetaCarbon Pty Ltd.
Who invested in BetaCarbon
3 investors across 1 round
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Funding rounds
Seed
Jun 1, 2021
Amount
$3M
Investors
Questions about BetaCarbon
Who invested in BetaCarbon?
BetaCarbon has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has BetaCarbon raised?
BetaCarbon has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did BetaCarbon last raise money?
BetaCarbon's most recent round on record is a Seed, in Jun 2021.
What does BetaCarbon do?
Founded in 2021 in Sydney, Australia, BetaCarbon Pty Ltd focuses on enabling carbon trading through its proprietary platform.
Where is BetaCarbon headquartered?
BetaCarbon is headquartered in Sydney, Australia.
Which VCs invest in companies like BetaCarbon?
Among active investors with capital left to deploy, IAG Firemark Ventures, Blackbird, AirTree Ventures and Square Peg back financial services companies at BetaCarbon's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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