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About CarbonChain
Industries
Data & Analytics
Consulting
Energy
Company Size
11-50
Company Stage
Series A
Total Funding
$10.6M
Headquarters
London, United Kingdom
Founded
2017
Overview
CarbonChain offers carbon tracking solutions that help businesses measure and reduce their greenhouse gas emissions. Their main product is a carbon tracker that analyzes the impact of activities and identifies areas with high carbon output, which is crucial for compliance with carbon border adjustment mechanisms (CBAM). The company operates on a subscription model, providing ongoing access to its platform and consulting services to optimize carbon reduction strategies. CarbonChain's goal is to assist businesses in becoming more sustainable and compliant with environmental regulations.
Simplify's Take
What believers are saying
- Growing demand for carbon accounting due to EU's Carbon Border Adjustment Mechanism.
- Increased investment in AI-driven environmental technology boosts CarbonChain's market potential.
- Partnerships with traditional industries facilitate integration of advanced carbon tracking solutions.
What critics are saying
- Emerging competition from new platforms could threaten CarbonChain's market position.
- Frequent updates needed due to evolving carbon accounting standards may strain resources.
- Data privacy risks arise from handling sensitive emissions data in partnerships.
What makes CarbonChain unique
- CarbonChain offers AI-powered carbon tracking with third-party validated methodologies.
- The platform provides end-to-end visibility into supply chain emissions for carbon-intensive industries.
- CarbonChain's partnership with thyssenkrupp enhances its low-carbon metals procurement capabilities.
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Funding
Total Funding
$10.6M
Below
Industry Average
Funded Over
3 Rounds
Industry standards
Benefits
Health Insurance
Unlimited Paid Time Off
Home Office Stipend
Professional Development Budget
Paid Vacation
Parental Leave
Private Healthcare
Gym Membership
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -5%2 year growth
↑ 12%CarbonChain ha recibido la validación de terceros para su última Metodología Corporativa de Contabilización e Información de la Huella de Carbono y la Metodología de Contabilización e Información de la Huella de Carbono de Productos. Y también metodologías sectoriales adicionales para petróleo y gas, transporte y metales y minerales. LONDRES, 11 de noviembre de 2024 /PRNewswire/ -- CarbonChain – una plataforma de seguimiento del carbono basada en inteligencia artificial que ofrece a las empresas una visibilidad completa de las emisiones de la cadena de suministro – cree que es la primera plataforma de contabilidad del carbono del mundo que permite a los fabricantes y comerciantes de materias primas calcular sus emisiones utilizando metodologías validadas por terceros, tanto para la huella de carbono corporativa (CCFs) como la huella de carbono de producto (PCFs)
- and additional sector-specific methodologies for oil gas, transport, and metals minerals. LONDON, Nov. 11, 2024 /PRNewswire/ -- CarbonChain – an AI-powered carbon tracking platform that provides companies with end-to-end visibility into supply chain emissions – believes that it is the first carbon accounting platform in the world to enable manufacturers and commodity traders to calculate their emissions using third-party validated methodologies for both Corporate Carbon Footprints (CCFs) and Product Carbon Footprints (PCFs). SGS has independently reviewed and validated these methodologies as aligned with global carbon accounting standards – specifically, the GHG Protocol Corporate Accounting and Reporting Standard and the GHG Protocol Product Life Cycle Accounting and Reporting Standard
CarbonChain dévoile une nouvelle solution de reporting des émissions pour la divulgation obligatoire et volontaire, faisant progresser sa plateforme spécialisée de comptabilisation du carbone pour les chaînes d'approvisionnement des matières premières. LONDRES, 10 avril 2024 /PRNewswire/ -- CarbonChain – une plateforme de comptabilisation du carbone alimentée par l'IA et offrant aux entreprises une visibilité de bout en bout sur les émissions de la chaîne d'approvisionnement – annonce le lancement de CarbonChain Comply, une évolution majeure de la plateforme qui fait passer le reporting carbone à un niveau supérieur de rapidité et de facilité. CarbonChain Comply offre une solution complète aux entreprises appartenant aux chaînes d'approvisionnement des métaux et de l'énergie qui doivent faire face à des changements réglementaires monumentaux en matière d'émissions de carbone et à une demande croissante de la part des parties prenantes pour une divulgation transparente et précise
-Lanzamiento de CarbonChain Comply: importante actualización en SaaS de informes de carbono para metales y energía. CarbonChain presenta una nueva solución de informes de emisiones para divulgación obligatoria y voluntaria, avanzando en su plataforma especializada de contabilidad de carbono para cadenas de suministro de productos básicos. LONDRES, 10 de abril de 2024 /PRNewswire/ -- CarbonChain, una plataforma de contabilidad de carbono impulsada por IA que proporciona a las empresas visibilidad de extremo a extremo de las emisiones de la cadena de suministro, anuncia el lanzamiento de CarbonChain Comply, una importante actualización de la plataforma que lleva los informes de carbono al siguiente nivel de velocidad y facilidad
Gryphon Digital Mining Completes Second Annual Carbon Emissions Assessment Audit with Top ResultsLAS VEGAS, Feb 14, 2024 /PRNewswire/ -- Gryphon Digital Mining, Inc. (Nasdaq: GRYP) ("Gryphon" or the "Company") is pleased to announce that it has completed two annual carbon emissions assessments with partner CarbonChain. Gryphon uses CarbonChain to annually measure its emissions with independence and precision. This exercise has been vital to verify progress towards net zero and carbon negativity, while raising the bar for carbon transparency in bitcoin mining.In fiscal year 2023, Gryphon used over 98% renewable energy in its operations. In 2024, Gryphon has started the year with 100% renewable operations ahead of its now-completed merger with Akerna Corp.This news follows Gryphon's announcement last year of becoming the first bitcoin miner to receive the Sustainable Bitcoin certification by Energy Web, an independent non-profit that develops open-source software for clean energy solutions. This certification known as Green Proofs for Bitcoin ("GP4BTC"), is a first-of-its kind initiative to establish an independent, standardized energy measurement system for the Bitcoin mining industry and represents over two years of collaborative work between Gryphon, Energy Web, and some of the world's largest asset managers and clean energy research organizations."Proving to our investors and the market that we have kept and exceeded our promises to remain ESG-focused, with transparent reporting of our carbon emissions, or lack thereof, solidifies our commitments and our leadership in this industry
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About CarbonChain
Industries
Data & Analytics
Consulting
Energy
Company Size
11-50
Company Stage
Series A
Total Funding
$10.6M
Headquarters
London, United Kingdom
Founded
2017
CarbonChain is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today