Climatiq Raises €10M to Power Carbon Data in Business Decisions

Carbon intelligence startup Climatiq has secured €10 million (US$11.7 million) in a Series A funding round to scale its AI-powered software solutions that help organizations incorporate carbon data into everyday business decisions. The round was led by venture capital firm Alstin Capital, with continued support from existing investors Singular and Cherry Ventures.

Founded in 2021, Climatiq is on a mission to transform how businesses access and apply emissions data. The Berlin-based company offers a carbon calculation engine that integrates directly into existing enterprise software systems, allowing organizations to automate carbon emissions tracking across a wide range of business activities, from freight transport and procurement to cloud computing and energy use.

What sets Climatiq apart is its ability to go beyond basic carbon accounting. With a database of more than 200,000 emissions conversion factors, the company enables complex CO₂ calculations to be carried out within operational tools already used by businesses. In the past year alone, Climatiq’s API has powered over a billion carbon calculations for global companies.

“Companies are demanding carbon visibility across all business functions – from strategy and planning to manufacturing and distribution – not just within corporate social responsibility (CSR) teams. They want their existing tools to become carbon-aware rather than adopting separate tools. Our embedded approach makes emissions data part of daily business decisions where they actually have an impact,” said the Co-Founder and CEO of Climatiq, Hessam Lavi.

Climatiq currently integrates with over 200 business operations platforms, including leading enterprise resource planning (ERP) and supply chain systems such as Celonis, IFS, and Siemens. This deep integration ensures that carbon intelligence becomes a seamless part of decision-making processes.

The newly raised capital will be used to enhance Climatiq’s AI-driven emissions automation, particularly in the area of Scope 3 emissions, the indirect emissions that occur throughout a company’s value chain. These emissions often represent up to 90% of a company’s carbon footprint, but are notoriously difficult to measure due to fragmented data and diverse supply chain structures.

Another area of focus for Climatiq is expanding its scientific database of emission factors, ensuring accurate carbon insights across different regions and industries. The funding will also support the company’s efforts to broaden its partner ecosystem, accelerating adoption among businesses aiming to meet regulatory demands and sustainability goals.

Alexander Meyer-Scharenberg, principal at Alstin Capital, emphasized the urgency and impact of Climatiq’s work: “CO2 emissions have long been a real cost factor for companies due to regulation, internal carbon pricing and investor pressure. Effective emissions management requires reliable data, scalable calculation methodologies, and the accurate attribution of emissions to business processes. With its comprehensive database and AI-based emission factor matching and API-integration tools, Climatiq is in the leading position to become the central infrastructure provider for emissions data.”

Also Read: How Dell Is Making AI Greener with Digital Twins and Smarter Data Centres

With the pressure mounting on companies to address their environmental footprint, Climatiq’s solutions offer a promising path forward, making carbon data actionable, integrated, and essential to core business decisions.

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Source: ESG Investing