Berlin-based startup Climatiq has raised €10 million in a Series A round to enhance its AI capabilities for delivering emissions calculations for activities, products, and suppliers.
The funding was led by Alstin Capital, with participation from existing investors Singular and Cherry Ventures.
Climatiq's mission is to embed carbon intelligence into daily business operations, offering a dataset of emission conversion factors and APIs that integrate with organizations' existing software.
The company will focus on automating emissions calculations, especially scope 3 emissions, and expanding its scientific database with the new funding.