# Carbon Counts Tech PBC

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/carbon-counts-tech-pbc

- Industry: Software
- Headquarters: Cambridge, US
- Website: www.carboncounts.tech
- Total disclosed funding: $4.5M
- Latest round: Seed (Aug 24, 2022)
- Investors on record: 7

## About

Based in Massachusetts, US, and founded in 2019 by Michael Libenson (CEO), Vikram Sahai (CTO), and Brett Jenks (Board Chair), Carbon Counts Tech PBC is a gaming company that utilizes play, people, and technology to have a positive impact on climate change. In August 2022, Carbon Counts Tech PBC raised USD 2.5 million in seed funding co-led by new investors Algorand Foundation Ltd., and Borderless Capital, with participation from other new investors Capital Factory, Grantham Environmental Trust, Oceans Ventures, Susquehanna Foundation, and Winklevoss Capital and other investors also participated in the round.

Carbon Counts Tech PBC provides a mobile app called as EverForest that affects the real world when playing the game online. When players grow forests and make them flourish in-game, a new plant will be put to grow in the real world. The company preserves plant and protect trees in 11 countries around the globe including Kenya, Ethiopia, Mozambique, Madagascar, Nepal, Indonesia, Philippines, Brazil, Honduras, Nicaragua, and Haiti.

The company plans to use the August 2022 funding to hire more employees and for its game development.

## Funding rounds

- Seed, Aug 24, 2022, $4.5M — Capital Factory, Winklevoss Capital, Algorand Foundation Ltd., Borderless Capital, Oceans Ventures, Susquehanna Foundation, Neglected Climate Opportunities

## Investors

- Capital Factory (https://capitalatlas.ai/funds/capital-factory) — Seed
- Winklevoss Capital (https://capitalatlas.ai/funds/winklevoss-capital) — Seed
- Algorand Foundation Ltd. — Seed
- Borderless Capital (https://capitalatlas.ai/funds/borderless-capital) — Seed
- Oceans Ventures (https://capitalatlas.ai/funds/oceans-ventures) — Seed
- Susquehanna Foundation — Seed
- Neglected Climate Opportunities (https://capitalatlas.ai/funds/neglected-climate-opportunities) — Seed