# ClimateTrade

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

- Industry: Financial Services
- Headquarters: Miami, US
- Website: www.climatetrade.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Dec 9, 2019)
- Investors on record: 1

## About

Founded in 2017 and based in Miami, US, ClimateTrade Corp. is a blockchain-enabled climate marketplace helping companies achieve carbon neutrality by providing emissions-offsetting services. In April 2021, ClimateTrade raised an undisclosed amount of seed funding. Additionally, in January 2022, ClimateTrade raised EUR 7 million in venture funding from new investors ClearSky, GED Iberian Private Equity, Omron Ventures, SIX Fintech Ventures, Wayra, and Zubilabs. Returning investors Amasia VC and Borderless Capital also participated in the round. The company is led by CEO, Francisco Benedito. 

The company offers a ClimateTrade marketplace that allows clients to manage the carbon-offsetting activities of their company in the most cost-effective way. The company's marketplace allowed companies to offset almost 2 million tons of CO2 in 2021 alone. It also offers ClimateTrade API and Widget which can be easily integrated into the clients' platform so all products or services can become carbon-neutral and they can select carbon offsetting projects directly from their platform. The firm also has a tailor-made carbon footprint calculator for specific industries.  In addition, the company's clients include Telefonica, Banco Santander, Danone, Norauto, Sababel, cabify,  Lavazza, Proseguir, Goleman Group, duragas, Chilexpress, qalma, Froxa, carryt, ITeC, and Destinux. 

The company plans to use the 2022 funding to grow its activities in Europe, Asia, and the US with new offices in four countries, to expand its technological product offering, and to hire new talent.

## Funding rounds

- Seed, Dec 9, 2019, $1.1M — Borderless Capital

## Investors

- Borderless Capital (https://capitalatlas.ai/funds/borderless-capital) — Seed