Klimato: Raises €4.2M in Funding

Klimato Raises €4.2M in Funding

  • Klimato, a Stockholm, Sweden-based carbon management software company for the food industry, raised €4.2m in funding
  • The round was led by Global Cleantech Capital (GCC), with participation from Almi Invest Greentech
  • The company intends to use the funds to accelerate its growth – both with existing customers and into new markets
  • The company has developed a proprietary cloud-based software platform that helps food service providers, restaurants, and food producers measure, report, and reduce their carbon footprint
  • It also provides a comprehensive dashboard that allows users to track their emissions and identify actions to reduce them
  • The platform is used by over 500 food businesses in 12 countries including Sodexo, Hilton, and Violife
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...