Greenhouse Gas Computation Business AMEE Raises $5.5M in Series B Financing

AMEE, a San Francisco, CA, USA- and London, UK-based company that has built a search engine for computing greenhouse gas emissions, raised $5.5m in Series B financing.
The round was led by Amadeus Capital Partners, with participation from existing investors O’Reilly AlphaTech Ventures and Union Square Ventures. In addition to Venture backing, AMEE is also backed by leading angel investors Toby Coppel (ex Yahoo, Allen & Co), George Coelho (Good Energies), Saul Klein (The Accelerator Group, Index Ventures), Afshin Rabbani (Princeton Consulting), and Alex Clode (Bloomberg).
The funding will be used to expand the company’s geographic reach and enrich its scientific platform.
AMEE’s engine is used by customers such as vendors of carbon accounting or business intelligence software, as well as governments, multi-nationals and SMEs needing to measure emissions. Customers include leading business intelligence vendor SAS and the UK Government’s Department of Energy and Climate Change (DECC).
In conjunction with the funding, Pat Burtis, Investment Manager at Amadeus Capital Partners, joins the AMEE board of directors.

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