# CarbonSpaceTech

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

- Industry: Information Services
- Headquarters: Wilmington, US
- Website: www.carbonspace.tech
- Total disclosed funding: $1M
- Latest round: Seed (Oct 12, 2021)
- Investors on record: 2

## About

CarbonSpaceTech Inc. develops a satellite-based platform for tracking carbon footprints, focusing on food supply chains and nature-based carbon removal solutions, delivering valuable insights for sustainability.Founded in Wilmington, US, in 2020, CarbonSpaceTech Inc. provides technology solutions for carbon management. The company has received funding through a SEED round, raising EUR 900,000 on October 12, 2021, led by The Yield Lab, with participation from Rockstart Enterprises. The founders are Alexander M, Andrey Dara, Evgeny Ganshin, and Oleg Demidov, who have backgrounds in technology and environmental solutions.CarbonSpace specializes in a satellite-powered platform for tracking carbon footprints across various sectors, particularly focusing on food supply chains and nature-based carbon removal solutions. Their services help clients monitor and manage emissions, enabling businesses to enhance environmental responsibility and engage in carbon offsetting mechanisms, serving clients in North America, Europe, and Asia.CarbonSpace generates revenue through a subscription-based model, allowing B2B clients to access its carbon tracking platform. Organizations subscribe to different service tiers tailored to their operational scale and needs, facilitating ongoing carbon emissions monitoring and reporting aligned with sustainability initiatives.Following the recent SEED funding of EUR 900,000, CarbonSpaceTech Inc. aims to scale its operations in the EU and US, specifically targeting food and forestry supply chains. The funds will also support strengthening its technology by integrating new data sources and optimizing machine learning algorithms, finalizing a self-onboarding platform, and developing new product offerings.

## Funding rounds

- Seed, Oct 12, 2021, $1M — Rockstart Enterprises, The Yield Lab

## Investors

- Rockstart Enterprises (https://capitalatlas.ai/funds/rockstart-enterprises) — Seed
- The Yield Lab (https://capitalatlas.ai/funds/the-yield-lab) — Seed