ClearTrace: Raises $4M in Series A Financing

  • ClearTrace provides automated energy and carbon accounting for investors, enterprises, and real estate owners, raised $4m in Series A financing
  • The round was led by Clean Energy Ventures with participation from Brookfield Renewable Partners and Clean Energy Venture Group
  • The company also intends to use the funds to accelerate growth and deploy additional market-driven solutions to a broad base of enterprises and asset managers
  • Led by Lincoln Payton, CEO, ClearTrace provides a carbon accounting platform that brings transparency to corporate carbon reduction by enabling auditable
  • ClearTrace also uses cloud technology to digitize the entire energy supply chain and deliver granular, real-time carbon impact data from energy-related activities
  • Customers include multinational corporations, financial service companies, real estate holding companies, and competitive energy suppliers
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

PayPal Expands Payment Links to Canva Creators

Canva users can now easily monetize their designs with PayPal's new feature.Highlights: PayPal's payment links feature is now...

Perpetuals Strengthens AI with Quantum Resilience as a Service

The new offering promises enhanced stability and security for fintech operations.Highlights: Perpetuals launches unique Quantum Resilience as a...

Revolut Introduces AI Assistant for Money Management

New feature aims to enhance personal finance management for users.Highlights: Revolut launches an AI assistant for better money...

Revolut Enhances Services with AI Assistant for Money Management

The new feature aims to simplify personal finance management for users.Highlights: Revolut launches AI assistant feature for usersNew...