Carbon Hub Ltd, a London, UK-based developer of a carbon reduction web serivce, has closed its €1m first financing round from Seventure Partners, a subsidiary of Natixis Private Equity, and unnamed business angels.
The company provides companies and public sector organisations with software solutions to measure, manage, and mitigate their greenhouse gas (GHG) emissions and achieve sustainable costs savings.
The capital will enable the company to accelerate the development of its platform, and to consolidate its position on the European market.
The service has already been adopted across Europe by many organisations in the public and private sectors, including La Poste Courrier, Crédit Agricole d’Ille-et-Vilaine, CDC Entreprises (Caisse des Dépôts), Kent County Council and the London Borough of Croydon.
Carbon Hub Ltd is a subsidiary of French Company Carbon Hub SAS.