# Klimato

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

- Industry: Environmental Services
- Headquarters: Stockholm, Sweden
- Website: www.klimato.co
- Total disclosed funding: $1.6M
- Latest round: Seed (Apr 11, 2021)
- Investors on record: 2

## About

Klimato AB specializes in providing innovative solutions for food businesses to assess, report, and mitigate the climate impact of their recipes through advanced sustainability tools and carbon labeling services.Founded in 2017 and headquartered in Stockholm, Sweden, Klimato AB focuses on empowering food establishments to achieve sustainability. The company was co-founded by Anton Unger, Christoffer Connée, and Erik Olsen. In March 2023, Klimato raised EUR 4.2 million in a funding round led by Global Cleantech Capital, with Almi Invest GreenTech participating. This funding supports their expansion efforts.Klimato's offerings include carbon footprint calculators, sustainability reporting tools, and carbon labeling services, enabling clients to significantly lower emissions—by as much as 50% per serving compared to industry standards. Their solutions cater to various clients, including caterers, restaurants, food producers, hotels, and educational institutions, primarily targeting businesses in Europe, North America, and beyond.In the most recent year of 2023, Klimato reported a revenue of EUR 492,326.40 with an EBITDA of EUR -894,155.20. The company operates on a subscription model, providing clients with continuous access to sustainability tools and reporting services tailored to their specific needs.Following the EUR 4.2 million funding raised in March 2023, Klimato plans to leverage these resources for international expansion. The company is actively designing new products to enhance its service offerings and is targeting specific markets for growth, although detailed regions and timelines have not been disclosed.

## Funding rounds

- Seed, Apr 11, 2021, $0.8M — ALMI Invest
- Seed, Apr 1, 2020, $0.3M — Propel Capital Network
- Seed, Dec 4, 2019, $0.6M — Propel Capital Network

## Investors

- Propel Capital Network (https://capitalatlas.ai/funds/propel-capital-network) — Seed
- ALMI Invest — Seed
