HomeFinTechEarthbanc: Raises $1.5M in Pre Seed Round

Earthbanc: Raises $1.5M in Pre Seed Round

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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
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