Riverse, a Paris, France-based provider of a carbon crediting platform, raised €5M in Seed funding.
The round was led by Alven and Racine², an impact-focused fund managed by Serena and Makesense, with continued support from SpeedInvest and Kfund.
The company intends to use the funds to build its product, and expand its business reach.
Led by CEO Ludovic Chatoux, Riverse is a provider of a carbon crediting platform for engineered projects. It supports a spectrum of avoidance and removal projects, from IT refurbishment and biobased construction materials to enhanced rock weathering and biomass carbon removal. The platform uses field data, modular models, and third-party audits to streamline workflows, enhance accuracy, and reduce manual work.
The company validates 60+ projects and issue 250,000+ carbon credits—engineered solutions that vary from industrial decarbonization to carbon removal technologies. It has partnered with industry leaders and corporate buyers—including key players like Patch, EcoAct, Southpole, CEEZER, Removall, and Carbonapp, and corporates like BNP Paribas, Mirakl, Engie, and Bouygues.
FinSMEs
19/05/2025