# CarbonEthics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/carbonethics

- Industry: Environmental Services
- Headquarters: Jakarta, Indonesia
- Website: www.carbonethics.co
- Total disclosed funding: $2.1M
- Latest round: Seed (Sep 18, 2024)
- Investors on record: 1

## About

Established in 2019 by Bumo Soewadji (CEO), Jessica Novia, and Innandya Kisimawardhani (COO), and based in Jakarta, Indonesia, CarbonEthics operates as a provider of tech-based natural climate solutions, assisting companies with decarbonization through carbon consulting, nature-based projects, and tree planting. Some of the firm’s partners include Unilever, Garnier, Telin, TikTok, Nutrifood, Allianz, etc. In September 2024, CarbonEthics raised USD 2.1 million in seed funding led by Intudo Ventures.

The firm’s offerings include carbon consultancy services, which help organizations calculate, report, and manage carbon emissions. The firm also runs nature-based carbon projects, focusing on blue carbon, peatland, and green ecosystems to restore biodiversity and mitigate climate change. Additionally, they offer mangrove planting programs, tree planting initiatives, and sustainability consulting for corporate social responsibility (CSR) and brand collaborations. CarbonEthics also provides carbon certification services, assists with carbon credit transactions, and conducts feasibility studies to assess the carbon potential and economic value of projects.

The company intends to use the September 2024 funding to expand its clientele, acquire further carbon projects, and hire superior technical personnel.

## Funding rounds

- Seed, Sep 18, 2024, $2.1M — Intudo Ventures

## Investors

- Intudo Ventures (https://capitalatlas.ai/funds/intudo-ventures) — Seed