Isometric, a London, UK-based provider of a carbon removal registry and science platform, raised $25M in Seed funding.
The round saw participation from Lowercarbon Capital and Plural with participation from angel investors Niklas Zennström (founder of Skype), David Helgason (founder of Unity Technologies), Ross Mason (founder of MuleSoft) and Ilkka Paananen (founder of Supercell). In conjunction with the funding, Lowercarbon Capital’s Ryan Orbuch has joined Isometric’s board.
The company intends to use the funds to hire more scientists and engineers to continue building out its public registry for verified credits.
Led by Founder and CEO Eamon Jubbawy, Isometric provides a carbon removal registry and science platform, which enables suppliers, buyers and the academic community to accelerate the development of rigorous protocols.
The company has just launched its platform with early data from a range of companies working to durably remove carbon from the atmosphere. Isometric is also building a carbon registry to list only fully verified, delivered credits from long-duration carbon removal suppliers—which will be publicly accessible later this year.
FinSMEs
18/07/2023