Earthbanc: Raises $1.5M in Pre Seed Round

Earthbanc Raises $1.5M in Pre Seed Round

  • Earthbanc, a Stockholm, Sweden-based carbon credit and finance platform, raised $1.5m in Pre-Seed funding
  • The company intends to use the funds to launch the Earth banc protocol and web3 platform, enabling the onboarding of 150,000 farmers on the waitlist in South Asia and Africa
  • The company provides a carbon credit and finance platform with operations across 20 countries
  • It develops carbon projects, sells verified and audited carbon credits, and enables investors to finance carbon removal
  • The company has audited the carbon stocks of over 13M hectares of forest globally using satellites and proprietary remote sensing technology
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

Goldman Sachs Boosts Compliance with Anthropic’s AI Agents

The investment bank partners with Anthropic to enhance accuracy in accounting.Highlights: Goldman Sachs collaborates with Anthropic for AI-driven...

Boerse Stuttgart Merges Crypto Unit with Tradias, Strengthening Market Presence

This strategic merger aims to enhance cryptocurrency trading capabilities.Highlights: Boerse Stuttgart merges its crypto unit with Tradias.The merger...

Bank of Ireland Reduces Fraud Losses by $97 Million Using AI Technology

Advanced AI systems help detect fraudulent card transactions effectively.Highlights: Bank of Ireland saved $97 million by preventing fraud...

SoftBank’s PayPay Accelerates US IPO Filing Process

Japan's popular payment platform PayPay prepares for its initial public offering.Highlights: PayPay files for an initial public offering...