“Carbon intelligence” solutions provider Climatiq announced that it has raised €10 million (US$11.7 million) in a Series A funding round, with proceeds aimed at accelerating its AI-powered solutions to help companies integrate carbon data into their business decisions.
Founded in 2021, Berlin-based Climatiq offers software infrastructure designed to embed carbon intelligence into decision-focused business tools. The company provides a carbon calculation engine, enabling emissions data to be integrated directly within existing enterprise software, going beyond carbon accounting to allow the automation of complex CO2 calculations to help understand the carbon impact of business activities such as procurement, freight transport, cloud computing, manufacturing and energy consumption, using a dataset of over 200,000 emission conversion factors.
Climatiq said that it has integrations with more than 200 business operations platforms, including major enterprise resource planning (ERP) and supply chain management providers including Celonis, IFS, and Siemens, and that it has delivered over a billion carbon calculations via their APIs in the last 12 months to global businesses.
The round was led by independent early-stage venture capital fund Alstin Capital, with participation from existing investors Singular and Cherry Ventures.
Hessam Lavi, Co-Founder and CEO of Climatiq, said:
“Companies are demanding carbon visibility across all business functions – from strategy and planning to manufacturing and distribution – not just within corporate social responsibility (CSR) teams. They want their existing tools to become carbon-aware rather than adopting separate tools. Our embedded approach makes emissions data part of daily business decisions where they actually have an impact.”
Proceeds from the funding will be used to enhance Climatiq’s AI-driven automation of emissions calculations across business activities, products, and suppliers, the company said. A key priority is the measurement of Scope 3 emissions, which typically account for up to 90% of a company’s carbon footprint but are difficult to assess due to fragmented data and complex methodologies.
The company said that it will also invest in expanding its scientific database of emissions conversion factors across jurisdictions and economic sectors and in growing its partner ecosystem.
Alexander Meyer-Scharenberg, Principal at Alstin Capital, said:
“CO2 emissions have long been a real cost factor for companies due to regulation, internal carbon pricing and investor pressure. Effective emissions management requires reliable data, scalable calculation methodologies, and the accurate attribution of emissions to business processes. With its comprehensive database and AI-based emission factor matching and API-integration tools, Climatiq is in the leading position to become the central infrastructure provider for emissions data.”
