CO2AI secures $12M seed funding: advancing carbon accounting solutions.
Report:
CO2AI
Reading Time:
5 minutes
At Bamburai, we collaborated with BCG’s CO2AI to develop innovative user experience solutions that streamline carbon accounting for enterprises. By combining user-centered design principles with cutting-edge technology, we helped create an intuitive platform that empowers organizations to measure and manage their carbon emissions effectively.
Year:
2021
Industry:
Sustainability, Energy
Scope of work:
User Experience, User Interface Design,
Interaction, 3D Design
CO2AI’s Success: A Significant Step Towards Revolutionizing Carbon Management
We are excited to announce that CO2AI has successfully raised $12 million in seed funding, led by Unusual Ventures, to expand its growth in North America and Europe. This funding comes at a crucial time when regulatory requirements are pushing companies to report their carbon emissions. According to recent statistics, 91% of companies lack a comprehensive understanding of their emissions scope, highlighting the need for effective solutions like CO2AI.
Company Stage:
Series A
Total Funding:
$12 Millions
Funding Rounds:
1
Latest Round:
Series A, $12M, Sep 13, 2023
Top Investors:
Partech Partners, Unusual Ventures & 1 others
The Impact: Transforming Sustainability Management for Enterprises
CO2AI offers a complete end-to-end sustainability management software solution that assists complex organizations in measuring their environmental impact. By leveraging proprietary data from BCG’s Fortune 2000 clients, CO2AI has created a unique platform that enables enterprises to accurately assess their carbon footprints and identify optimal reduction strategies.
Key statistics that reflect BFI’s impact include:
110K+ emission factors
in the CO2AI database, allowing precise matching of enterprise activities to emissions data
18.7K companies
have reported emissions through the Carbon Disclosure Project (CDP), underscoring the widespread need for improved carbon management solutions
Over $130T in assets
held by 680 investors requesting climate change disclosures from companies, emphasizing the financial pressure for transparent reporting
“By harnessing the power of AI and data, we aim to transform how enterprises approach carbon accounting, making it accessible and actionable.”
Charlotte Degot - CEO of CO2AI
Our Design Contributions
At Bamburai, our role involved enhancing the user experience of CO2AI's platform through:
User Experience Design: We focused on creating intuitive navigation and streamlined workflows, ensuring that users can easily access and analyze their carbon data.
UI & Interaction Design: Our design strategies emphasized clarity and engagement, enabling users to visualize their emissions and reduction scenarios effectively.
Motion Design: We integrated dynamic visuals that illustrate complex data relationships, making it easier for users to grasp their carbon footprint impacts.
3D Design: By incorporating 3D elements, we provided a more immersive experience for users, allowing them to explore their sustainability data interactively.
The Future of Carbon Management with CO2AI
As CO2AI continues to expand its platform and capabilities, it stands poised to lead the way in carbon accounting. Their unique approach to sustainability management, backed by proprietary data and strategic partnerships, positions them as a transformative force in the industry.
“Together, we’re building a world-class platform that empowers organizations to meet their sustainability goals.”
Charlotte Degot - CEO of CO2AI
We are proud to be part of CO2AI’s journey and look forward to seeing the positive impact they will have on carbon accounting and environmental stewardship worldwide.
Related Project Report
Nile's cuccess: $11.6M seed funding to build serverless postgres for SaaS.
BFI Finance: celebrating excellence in multifinance with Infobank Brand Recognition 2024.
BFI Finance’s milestone: growth valuation of 20.8% (650m USD).
CO2AI secures $12M seed funding.
Rhopa Estates achieving 45% valuation growth and market positioning.
