Carbonstop, a Beijing, China-based provider of carbon emissions management software and consulting solutions, raised 100m Yuan ($14.82m) in Series B funding.
The round was led by Sequoia China, GL Ventures and Matrix Partners.
The company intends to use the funds to accelerate research and development of carbon management software products and expand consulting, marketing, and business teams.
Founded in 2011 and led by Lu Hui Yan, Carbonstop is a carbon emissions management software and consulting solutions provider. Its SaaS based Carbon Management Platform, Ccloud, includes a series of functional modules, such as carbon accounting, carbon asset management, product carbon footprint, carbon intelligence, carbon account, and online carbon neutralization service.
Also, the company established the world’s largest Carbon Emission Factor database to scientifically guide various industries to calculate carbon emissions.
Over the past 11 years, the company has cooperated with more than 1200 customers including Baidu, Alibaba, Tencent, ByteDance, Meituan,JD.com, KFC, Starbucks, SKP, Dow, CNOOC, China Airport Construction Group, Dubai World Expo, Hillhouse, Centurium Capital, China Construction Bank, Mastercard, Porsche, SINO JET, etc.
FinSMEs
09/08/2022