# Carbonable Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/carbonable-tech

- Industry: Environmental Services
- Headquarters: Paris, France
- Website: www.carbonable.io
- Total disclosed funding: $1.3M
- Latest round: Seed (Feb 21, 2023)
- Investors on record: 2

## About

Based in Paris, France, and founded in 2021, Carbonable, operates as a blockchain-based tokenized investment platform that offers investment solutions for carbon removal projects. In March 2023, Carbonable raised EUR 1.1 million in seed funding, co-led by investors Ethereal Ventures and XAnge Private Equity. As of 2023, the company has partnered with companies like Stradigi, Murex, WildSense, and many more.

Carbonable offers a carbonable NFT (non-fungible token) used to buy stakes in environmental regeneration projects that generate yearly carbon credits, which can be sold or used to offset carbon emissions. It provides users with a digital platform that allows them to monitor their investments and assets through personalized reports.

The company plans to use the March 2023 funding to scale its project, manage more biodiversity initiatives, grow its team, and strengthen partnerships with industry leaders.

## Funding rounds

- Seed, Feb 21, 2023, $1.3M — XAnge, Ethereal Ventures

## Investors

- XAnge (https://capitalatlas.ai/funds/xange) — Seed
- Ethereal Ventures (https://capitalatlas.ai/funds/ethereal-ventures) — Seed