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Carbon Direct Raises $60M to Expand Science-Backed End-to-End Carbon Management

Carbon Direct Raises $60M to Expand Science-Backed End-to-End Carbon Management

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Carbon Direct, a science-first carbon management firm and software provider, recently announced a $60 million funding round led by Decarbonization Partners, a partnership between Temasek and BlackRock, and Quantum Energy Partners.

The company helps global clients meet their climate goals by reducing and removing carbon from the atmosphere.

Carbon Direct Raises $60M to Expand Science-Backed End-to-End Carbon Management
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The company enables organizations to turn industry-leading carbon science into climate action through its end-to-end carbon management platform.

The new capital will be used to continue investing in its science-based carbon management platform and will continue applying its rigorous science-first approach while expanding its offerings.

“Carbon Direct’s platform turns industry-leading carbon science into action through software and market expertise,”

– Jonathan Goldberg, CEO of Carbon Direct.

“Without scientific expertise, carbon commitments will have far less impact than they could.

This investment from Decarbonization Partners and Quantum Energy Partners will help us scale the work we are already performing for industry leading clients.”

Photo: Carbon Direct

“The transition to a net zero reality requires organizations to act boldly in managing their carbon emissions,”

– Dr. Meghan Sharp, Global Head of Decarbonization Partners

“Carbon Direct, Inc. brings together a unique combination of science and software, enabling organizations to implement highly effective climate action at scale.

We are pleased to support the company’s science-based approach to carbon management and we see a significant opportunity to build on the company’s strong existing momentum.”

About Carbon Direct

Carbon Direct enables organizations to turn industry-leading carbon science into action through its end-to-end carbon management platform.

Carbon management is the process through which an organization measures, reduces, and removes their carbon emissions.

For it to be effective, both cutting-edge science and commercial expertise need to be applied at every stage of the process.

The company is backed by a team of over 30 of the world’s top carbon scientists with expertise in every area of carbon management.

The company streamlines carbon science through their science-backed software to help leading companies and governments around the world reach their climate goals.

Carbon Direct’s work has included establishing quality criteria with Microsoft, delivering millions of durable tonnes for clients, and building a client list that represented nearly 60% of the tonnes transacted in the voluntary carbon market in 2021.

Related post: Proof of Impact Raises $6 Million for Innovative ESG and Impact Data Platform – read more

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