About

Patch is a platform that helps organizations manage, buy, and sell carbon credits to support climate solutions. The platform connects buyers, who want to offset their carbon emissions, with suppliers of carbon credits. It operates in the environmental sustainability sector, focusing on carbon management by providing a network of reliable carbon credits. Patch ensures that transactions are efficient and transparent, making it easier for clients to navigate the carbon credit market. The company stands out from competitors by offering a modern user experience and specialized tools for both buyers and suppliers. Its goal is to significantly impact climate change by actively managing 400 million tonnes of carbon.

Simplify's Take

What believers are saying

• Increased demand for carbon credits aligns with Patch's comprehensive network offerings.
• $55 million Series B funding boosts Patch's capacity to meet climate action demand.
• Partnership with Drax enhances market penetration and customer engagement for Patch.

What critics are saying

• Emerging climate tech startups may dilute Patch's market share.
• Partnership with Drax could pose reputational risks if environmental standards aren't met.
• Reliance on venture capital funding may pressure Patch to deliver rapid growth.

What makes Patch unique

• Patch offers an API for seamless carbon removal integration into products.
• The platform manages 400 million tonnes of carbon, showcasing significant market impact.
• Patch ensures transparency and efficiency in carbon credit transactions for buyers and suppliers.

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